Tag Archives: Miners
30 Yr. Bonds…TBT…GDX
Resting stops are 145.23 (Z) 145.03 (U) These levels would be overextended the first time down. TBT…16.70 GDX…53 is the next fib match for the miners
GDX…Pattern Alert!
A close over 42.45 puts in an ORH week. On our previous view we thought that this instrument would go into the high 39’s before finding a trad able low, or at least one where we’d take a look a … Continue reading
GDX Gold Miners ETF
Many of you are or have been actively trading the Miners via the GDX. Technical resistance begins at 47.70-48.50. The move up from the low has been prodigious. Use mid-week strength into this zone to tighten up your risk parameters
Time Frame Trading
Spu/Bonds are flirting with the 200 day moving average. Both the Spu & NASD Futures are into near term resistance. GDX…the miners should reject 45.90-46.25 the first time up. ECA…needs a close over 21.18 for higher The technical areas written … Continue reading
A.M. Look 5/24/12
Crude Oil…all new price action over 91.70 is needed for higher. Gold…look for the mid to high 1570’s to be tough zone. GDX…as well as some names like NEM put in ORH days yesterday. As of now they look to … Continue reading
GDXJ | Junior Gold Miners ETF Weekly Chart
The miners have a potential double bottom on the weekly charts.. Most everything else has seemed to have temporarily bottomed.
GDXJ Chart | Metals
The worst looks over for the metals… Nem as well as the mining etf’s are showing a tradeable low that will be confirmed with closes above yesterday’s highs
A.M. Look 5/4/12
Unenjoyment with the French elections and “Full Moon Trading” to complete the weekend Trifecta On Saturday, the United States will be treated to a “Supermoon” event — an evening where the full moon appears at its largest and brightest in … Continue reading