[pcabc]

I am watching the gold miners in the UK markets and it is hit and miss. Some holding up, some hitting new lows, and other maybe basing....how much longer can this bear market go on for. It is one of the longest in history (for gold equities).

My list contains various US, Canadian and UK listed miners. The vast majority are in stage 4 with the ones that are not obviously in stage 4 generally being volatile.

Pcabc, how are you determining momentum in your charts above?

Its the way discussed in the book. It is the simple moving average of the last 200 days of advances minus declines.