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
Yes, it will! Note that the 20DMF is more closely related to the S&P500 than the Russell 2000.Originally Posted by brrim
Therefore, it would go short the S&P500.
Pascal
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
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