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Wednesday, March 13, 2019 12:19:06 PM
The Ord Oracle
By: Tim Ord | March 13, 2019
SPX Monitoring purposes; Long SPX on 3/8/19 at 2743.07.
Monitoring purposes Gold: Long VanEck Vectors Gold Miners (NYSE:GDX) on 1/29/19 at 21.96.
Long-Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78
The second window up from the bottom is the 50 period moving average of the Up Down Volume. Readings above “0” are a bullish sign for GDX. Also bullish is that Up Down Volume has made higher highs and a bullish divergence for GDX showing market getting stronger. Next window up is the 50 day moving average of the Advance/Decline. Readings above “0” are also bullish sign for GDX. This indicator also has made higher highs showing market is getting stronger. Also long as both Up Down volume and Advance/Decline indicators remain above “0” the uptrend should continue. Long GDX on 1/29/19 at 21.97.
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• DiscoverGold
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By: Tim Ord | March 13, 2019
SPX Monitoring purposes; Long SPX on 3/8/19 at 2743.07.
Monitoring purposes Gold: Long VanEck Vectors Gold Miners (NYSE:GDX) on 1/29/19 at 21.96.
Long-Term Trend SPX monitor purposes; Long SPX on 10-19-18 at 2767.78
The second window up from the bottom is the 50 period moving average of the Up Down Volume. Readings above “0” are a bullish sign for GDX. Also bullish is that Up Down Volume has made higher highs and a bullish divergence for GDX showing market getting stronger. Next window up is the 50 day moving average of the Advance/Decline. Readings above “0” are also bullish sign for GDX. This indicator also has made higher highs showing market is getting stronger. Also long as both Up Down volume and Advance/Decline indicators remain above “0” the uptrend should continue. Long GDX on 1/29/19 at 21.97.
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• DiscoverGold
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Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must!
• DiscoverGold
