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GDX: 35-39 Day Periodicity suggests SHORT !

AMEX:GDX   VANECK VECTORS ETF TRUST GOLD MINERS ETF
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I've previously shown the some bit of slightly periodic behaviour of GDX/XAU/HUI ... Local maximum should be done and within next few days the next leg down should start.
Interesting analysis - i dont see this sort of bar counting used often so kudos to you. Another thing i noticed with this is that all of the step downs from the august highs, have a short term uptrend line (maybe a couple weeks or so), then the price falls through that, takes one last attempt at the trend line, then falls rapidly to the next resistance zone. if this pattern continues, we are in a stage where it is retesting the trend line after breaking through, which means the price should fall soon.
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@EMoran14, with GDX+GDXJ you see the cyclic behaviour even a bit better. From cyclic high to cyclic low we have about 18 days...

We tested now the neckline and I doubt that we will break it.
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