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UnknownUnicorn540299
Aug 8, 2017 10:50 PM

Market momentum change 做多

VanEck Junior Gold Miners ETFArca

描述

GDX and GDXJ has been practically dead for a long time.
However, when the time is complete and most have fallen asleep, the party will start.
That time is likely to be now.

I'm ready for the party. Are you?

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Party commencing :)

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Second day of party, bulls are just getting warmed up :)

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There is a time disparison between gold and miners which explains the difference in momentum of the two assets.

Consensus is now "gold miners aren't buying this move in gold, below 200 ma etc etc". Well, lets see.

There are Rumors that GDXJ ordered a gold tuxido and a bottle of proper Mexican tequila for Friday to go wild!

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Bearish EW-counts invalidated. How sad.

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Now, I expect a pullback/backtest to the trendline:

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No proper pullbacks yet. Well, thats the momentum-zone playing its tricks :D

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I cannot remember the time significance of the right line. But we are there today.
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ARGOS1
@viking83, @lord_kinbote My video, is, like yellow (metals) and green (backs), and all we have to do is align with the market is all. However, I think we will see midnight wuwu (1255) again as an ICL or something as the price cluster is repetitive and monotononoonusus (ok, monotonous). Just have to watch for the turn. youtube.com/watch?v=bIFR9b4QB9M
lord_kinbote
UnknownUnicorn540299
@lord_kinbote, Are you ready for the party you goldbug??
lantao517
weekly chart is showing bullish, and CCI breakout signal strongly, more upside even major bull is launching. do you think so? thank you for your post
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