Replies to post #26323 on GOLDBUGS AMEX Goldbugs Index (GOLD)

[Fishpert]

Well, for GDX the top indicator just crossed below 100 and we got a red bar. With these settings you could wait for a second red bar to avoid whipsaw, then we would be officially on a sell signal. With CEF printing a third Doji I'd say it's a sell signal now. You sell NUGT and buy DUST in the morning on weakness in the metals.