GDX tested a historic longitudinal trendline on weakening volumes today as equities soared, closing just north of the slowest VAMA band. Next two days critical for GDX and
GDXJ
. I'm short both ETFs and hope to see a repeat of March 25th.
(Caveat: not only does this post not constitute financial/trading advise, it is the opinion of a rank amateur.)
(Caveat: not only does this post not constitute financial/trading advise, it is the opinion of a rank amateur.)