GDX Next Buy signal

[davidallison@gmail.com]

If we are in non-confirmed short 30 minutes before the close, I would wait and see if the signal gets a confirmation.
If I see a few minutes before the close that we will have a confirmation then I will place a short.

I believe that the confidence level will be clear.

Pascal

It's interesting to watch it unfold. For daytraders, it seems if you take the RT signal, the question of closing or maintaning the position is answered in the confidence level. Thanks Pascal, Dave

[Pascal]

It's interesting to watch it unfold. For daytraders, it seems if you take the RT signal, the question of closing or maintaning the position is answered in the confidence level. Thanks Pascal, Dave

The confidence look at the time left until the end of day and the distance to the signal.
This means that if the distance to the signal does not change, as we come closer to the EOD, then the confidence level will rise to 80% and then the short signal will be issued.

For a short signal not to be issued, then we need to move above the dotted short level.


Pascal