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20DMF
There was a negative divergence between IWM/20DMF earlier, but difficult to trade on a day-trade, because the early down gap put us already close to S2, which means that in a day trade, the potential profit would be low.
The best is to try to look for a long entry on a positive divergence.
Same for GDX, but we are now at DS3. I'd buy a positive divergence for a long trade.
Patience is key!
Pascal
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GDX is dragged down by the continued selling in the markets, but there are early signs of a positive divergence.
Buying here is interesting.
Pascal
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Cumulative Tick
Cumulative $TICK on the stockcharts.com chart showing positive divergence today.
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The positive divergence has collapsed.
Better exit the trade
Pascal
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