Sunday, June 13, 2010

June 13

GDX - Daily Chart
I thought it would be a good time to take a look at GDX.  

You can see that this ETF has been easy to trade this year using TSI.

Currently, GDX is on a BUY sign with an upward crossover through ZERO a week ago.

Click on the chart to Enlarge.

NGD Daily chart
This stock is going to run out of gas any day now.  

It is a great time to SELL NGD it if you are a shorter term trader.

If you want to try and squeeze a few more pennies from the trade, wait for the TSI to break BELOW the 3 ma trigger line.

Click on the chart to Enlarge.

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