when the distance (graphically, on the chart) between the top of ADX and the low of the PPO (or also MACD) is at a minimum, then there is a good chance that prices will rise upward. If one thinks at the meaning of ADX and PPO it makes sense, I think.
Another symbol is to look at might be NUGT (Direxion gold miners Bull 3X) .... nice to play with calls.
Another symbol is to look at might be NUGT (Direxion gold miners Bull 3X) .... nice to play with calls.