I AM NOT ACTIVE IN THIS POSITION. WAITING ON ENTRY.
GDX failed to breakout yesterday. Most likely tied to continued Fed Repo liquidity keeping SPY artificially inflated (see SPX chart link below for news).
Current Daily pattern shown in last chart was extended. Weekly view shown on this chart best shows pattern.
Still in a bull flag formation. Pattern ends around end of February.
RSI trend breakout failure shows trend is going down.
Next Weekly and Daily trends and both bullish flip. Once this occurs we are in good position with both Daily and Weekly to confirm bullish entry.
I will watch the pattern and update if anything occurs by pattern end.
If anyone would like an update, let me know via chat.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC
GDX failed to breakout yesterday. Most likely tied to continued Fed Repo liquidity keeping SPY artificially inflated (see SPX chart link below for news).
Current Daily pattern shown in last chart was extended. Weekly view shown on this chart best shows pattern.
Still in a bull flag formation. Pattern ends around end of February.
RSI trend breakout failure shows trend is going down.
Next Weekly and Daily trends and both bullish flip. Once this occurs we are in good position with both Daily and Weekly to confirm bullish entry.
I will watch the pattern and update if anything occurs by pattern end.
If anyone would like an update, let me know via chat.
Thank you for liking, commenting, throwing up a chart, following, or viewing.
I am not a financial advisor. My comments and reviews are based on what I do with my personal accounts.
Disclosure - I am long BTCUSD, GBTC
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
