after completing a long drawn out wave 4 correction following a 6 year impulse down from its 2011 hughs.
Note
There were several violations with the previous count. Wave 4 encroached into wave 1. The first wave coming out of a 5 wave correction must be an impulse, so it couldn't have been a wave 3, and finally wave B of an ABC cannot be a triangle. A master pointed these to me. So here is the corrected count. The same goes with GDXJ as well.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.