Miners Are Extremely Overbought
At the recent top GDX was streched 51% above the 200 day moving average. That is the definition of dangerously overbought. This is not the time to chase. Wait for the ICL in June.
Disclosure: None.
How did you like this article? Let us know so we can better customize your reading experience.
Comments
Leave a comment to automatically be entered into
our contest to win a free Echo Show.
