GDXJ – Junior Gold Miner ETF (Last:24.18)

We exited our position on a 23.59 stop-loss yesterday, so we’re looking to re-establish a long position. Our entry strategy should carry less risk than the $1.25 drop we might have faced on a swoon to the compelling Hidden Pivot target at 22.74. This doesn’t preclude our initiating a trade on an uptrending ‘camo’ pattern rather than waiting for this vehicle to come down to 22.74.  However, shortly after midnight there were no suitably easy ABC set-ups for night owls. The search will continue intraday, so if you want to receive the buy signal in real time if and when it comes, be sure you’re signed up for intraday alerts. This can be done by checking the appropriate box on the ‘My Account’ page.  [Click here for details concerning the upcoming Hidden Pivot Webinar and a $50 discount coupon.]