After a great rebound, some questions of this kind are inevitable:…
when is the time to liquidate my L / T position in the Metals & Mining sector?
To avoid falling into the short-term “noise” traps, I use monthly & weekly charts: the ideal moments of the last 20 years have coincided with the breakdown of their moving average by the indicators you see (mainly in the momthly chart)
Until both indicators cut their moving average down I would say the trend remains firmly up. Obviously I must always be careful and scrupulous to make sure that there are no violent movements that could question this strategy (watching first of all the weekly chart) but for now I would say to remain LONG in a convinced way
MONTHLY CHART
WEEKLY CHART
HERE THE COMPONENTS OF THE XME SECTOR