A picture of GDXJ vs. GDX to go with this morning’s ETF update.
GDXJ leads the rallies and in breaking above the moving averages yesterday and today, it is leading again. That is a rally indicator, and we will put it in rotation to make sure it continues giving positive signs. Note how RSI diverged in February signaling the end of that rally amid the Ukraine hype.
Sorry the update is not longer, but I have got to run. Just wanted to get another picture up for you.