Quote Originally Posted by Pascal View Post
From the past statistics, the robot has seen that it pays to fade the big moves either in price or in TEV extension.
It simply says that when money starts moving out, you'd better pay attention, especially if the MF falls into short zone (we are hanging just above this zone,) but you need to buy GDX when there has been a strong price down move especially accompanied by very heavy selling. We have had moderate selling, but a big price down move.

Now, it is clearly the time to be prudent. It is not the time to be bold. I would be bold if the 20DMF was close to issuing a buy signal.


Pascal
Thanks very much Pascal. It helps to understand the nuances of the system.

Trev