von
The SCTR line on GDXJ dropped to 27, did this have any impact on the buy decision ?
Quote 0 0
als
I have the same question. There must be a good reason to break the rule of only companies over the 90 line. Do you see something that we don't saying that this is the bottom and things will go up from here?
Quote 0 0
AbovetheGreenLine
Yes, if you read the text below the GDXJ Chart here and Comments:

Thank you for your question. Yes the SCTR Rank is only 14.7 on GDXJ.

We prefer to use the Relative Strength from http://www.ETFscreen.com as it is weighed more to the last 12 months.

SCTR is weighted more to the last few months.. we use it mainly because it is conveniently on the Charts.

Thank you.

AGL

GDXJ.png 
Good trading, and tell your friends!
Quote 0 0