View: slopechart_GDX.jpg


GDX looks weak to my eye. The bounce off the gap is not bullish as it more than closed the gap. Price has not been able to stay above the 200DSMA or middle BB.

Image added via SlopeCharts


11/24 bottom? Followed by two flags intraday, between then and no. Bull? Bear? Name your poison. Daily futzing around the 200 day sma. 11/30 Break away gap. Will it hold? I'm waiting for the chart to say something. 12/12/20
ClosingBasis - A Bear in Bull's ClothingClosingBasis - A Bear in Bull's Clothing
Still lower highs and lower lows! 12/12/20
What am I missing...close, but don't see that the gap has closed.  
[black line] 
ZeroPointMind ΦZeroPointMind Φ
@Violet - wrong gap ! There are 4 on that chart. This was a follow up referencing the gap that's shaded on my chart. 12/12/20