"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Wednesday, May 2, 2012

Updating the GDXJ-GDX Ratio

Last weekend it was just a hint as the ratio poked above the EMA 50.  Since then it has broken the trend line and failed to respond negatively to days like today and Monday.  Steady as she goes...













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