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.)
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.