An attentive reader of my daily Combo-MF posts may have noticed that I will not open a new LONG trade in GDX at the open today. Although the PM MF signaled a "Bought Oversold" yesterday, I prefer not to take this trade, for now.
The reason for this decision is given in an updated Combo-MF paper attached to this thread.
Please keep in mind that my mother tongue is not English so there may be some linguistic errors.
All feedback is more than welcome!
PdP