Running Alpha’s Sentiment Maps are indicating Gold Miners ETF 
GDX is at a critical juncture — a confirmed breakdown below $15.60 for a full trading day would likely unleash a sudden tail-risk event — yielding panic selling and a market capitulation into September period. Then after October, and especially by end of Q1 2016, investors should look for opportunities for deep value. Until then, value investing in Gold Miners should be extra vigilant and patient to avoid large and unnecessary losses.
- See more at: runningalpha.com/running-alpha-warns-investors-that-panic-selling-is-around-the-corner-for-gold-miners-gdx/
GDX is at a critical juncture — a confirmed breakdown below $15.60 for a full trading day would likely unleash a sudden tail-risk event — yielding panic selling and a market capitulation into September period. Then after October, and especially by end of Q1 2016, investors should look for opportunities for deep value. Until then, value investing in Gold Miners should be extra vigilant and patient to avoid large and unnecessary losses.- See more at: runningalpha.com/running-alpha-warns-investors-that-panic-selling-is-around-the-corner-for-gold-miners-gdx/
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.