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NUGT's ADX: next move could be a long one


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#1 Rogerdodger

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Posted 03 July 2017 - 08:36 AM

NUGT's long term chart bounced "where it had to", but faltered badly last week.

Check out the daily ADX. Low readings indicate a possible long move ahead...but which way?

There seems to be a downward channel forming as seen on the WEAK-ly

 



#2 Russ

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Posted 05 July 2017 - 02:48 PM

GDX already broke it's long term support line from early 2016 and is now trying to get back above that line.


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