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Thread: GDX RT Model short

  1. #1
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
    Posts
    1,999

    GDX RT Model short

    The GDX MF has hit the protection level of -0.152% and reversed its position to a short. It will reverse back to a long position if it hits +0.152% today.
    If the MF CLOSES today below -0.152%, the EOD GDX robot will sell its position at tomorrow’s open. The LT/ST settings will decide between staying in cash or shorting tomorrow.
    Billy

  2. #2
    Join Date
    Dec 1969
    Location
    Brussels, Belgium
    Posts
    1,999

    Very Strong Close

    The GDX MF had a vertical surge soon after hitting the protection level and closed at +0.12%!
    The EOD GDX robot is holding its long position and the RT model is 0.03% away from reversing back to a long position.
    We keep following the EOD model for our own accounts to avoid whipsaws with the RT signals.
    Billy

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