Jordans senaste

Är korrektionen över? Jordan går igenom viktiga nivåer för GDX,GDXJ o SIL.  Håller inte dessa nivåer räknar han med någon vecka till av korrektion annars är de enligt honom på gång uppåt igen.'

"There are numerous positive elements to the current technical makeup of GDX. First, is the price action. The market has very strong support at $48 to $49. It first bottomed at $50.90 and then at $50.81 on Monday. Since then, GDX pushed higher to $53. Secondly, note that the RSI bottomed at 50. In a bull trend the RSI will bottom at 40 and not the typical 30. However, in a very strong bull trend the RSI can bottom at 50. Third, the GDX vs. GLD ratio has shown strength in the past few days and has shown little to no weakness during this correction. Finally, note the accumulation line at the bottom of the chart. It barely dipped after surging for several months."