GDXJ has been on a downturn, but rose as the market took hits the past couple of days.
Day timeline still points for a small dip (possibly as the market rises early on Monday), and then a rise (as the market begins to fall.
Stop Loss/Invalidation is at the previous .786FIB
Minimum rise should be to .618Fib of most recent breakout (reverse would indicate false breakout again)
On Day timeline it shows as a breakout on a downtrend.
Minute and Weekly timeline indicators still point to a bit more to pullback before the upturn.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Day timeline still points for a small dip (possibly as the market rises early on Monday), and then a rise (as the market begins to fall.
Stop Loss/Invalidation is at the previous .786FIB
Minimum rise should be to .618Fib of most recent breakout (reverse would indicate false breakout again)
On Day timeline it shows as a breakout on a downtrend.
Minute and Weekly timeline indicators still point to a bit more to pullback before the upturn.
*NOT FINANCIAL ADVICE - NOT A FINANCIAL ADVISOR*
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.