We have a positive divergence forming on GDX, but earlier we had a negative one on the 20DMF .
pascal
We have a positive divergence forming on GDX, but earlier we had a negative one on the 20DMF .
pascal
When the positive divergences turns down and is cancelled, it is betetr to get out of the position.
Pascal
Pascal; Will the RT 20 DMF go short IWM at 20 DMF -0.11%.
Thank you.
Best regards,
Robert
Note that the market is much down today. Since an AAPL surprise could turn things around, I expect algos to close their short position before the close and push everything up. I do not believe that traders want to be sitting on the wrong position when AAPL publishes its earnings.
Pascal