TradingView
faronf
2 Th03 2017 23:44

Is this recent bearish movement in miners coming to an end? 

Direxion Daily Junior Gold Miners Index Bear 2X SharesArca

Mô tả

Take a look at the RSI channel on JDST (3hr chart) seems to be overbought... history shows what follows.
Bình luận
TVTJimmy
With FED rate decision on 3/14 3/15, I expect gold move side way then fall further before hit the bottom around end of March.
BullBearings
Well done sir
faronf
Interestingly enough, from Oct 6th of last year (where the 1st arrow is marked) until now: (or tomorrow March 3 2017), there are exactly 4 x 26 day cycles, which each happen to land on those marked arrows. (ok, one is 27 days, and the one not marked lands on Jan26th which also may mark a DCL (in the inverse JNUG vehicle) but I digress...
sum1
Nice chart & idea.
Thêm nữa