Saturday, June 14, 2014

200SMA Halts Miner Rally

Time for a pause in the rally, or a ripper through 200SMA. A scan through a select group of names I follow across gold/silver miners large, medium or small cap. For the most part, they are all seeing a pause at/below/above 200SMA. Use the volatility in this sector to your advantage, they fall out of love very fast when momentum halts, BTFD.


Technically speaking...We closed OVER the 200SMA....


60 min GDX view
Weekly technical positioning



Bonus Charts: IAG



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