GDX – “The Chameleon”
Posted on June 14, 2012 at 14:06 PM EDT
As I have written about the HUI Mining Index recently and been watching the related GDX (Market Vectors Gold Miners ETF) with some intensity, I thought some readers may be interested in an update on the True Strength Index (TSI) indicator status of the current rally. And I hope to share a TSI trick or two [...]

As I have written about the HUI Mining Index recently and been watching the related GDX (Market Vectors Gold Miners ETF) with some intensity, I thought some readers may be interested in an update on the True Strength Index (TSI) indicator status of the current rally. And I hope to share a TSI trick or two along with a revealing characteristic of GDX’s price performance.

So first let’s get to a chart that frames the bigger picture for GDX. The ETF was land-locked within a huge 18 month … [visit site to read more] or compare Credit Card Rewards and Best Credit Cards


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