Wednesday, December 12, 2012

GDX and bollinger bands example

Nice bounce so far for GDX and GDXJ, though GDX is still below the downtrend line so it has work to do, however last week we started pointing out that Bollinger Band W bottom scenario possibility as price had closed below the lower BB's in mid Nov but failed to do so on the new low in early Dec, and so far it has played out for a bounce anyway

also here's the education examples from

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