20DMF

[Pascal]

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

[Pascal]

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

[adam ali]

Cumulative $TICK on the stockcharts.com chart showing positive divergence today.

[Pascal]

The positive divergence has collapsed.
Better exit the trade

Pascal