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nick.holland78
Jun 17, 2016 9:10 PM

GDX - 30m Long

VanEck Gold Miners ETFArca

Description

Closer look at link idea. Minimum retrace achieved for purple (ii) to be considered complete, possibly today as a running flat. Bullish follow-thru over resistance is needed for confirmation, and the 20.08/28.80 signal level mentioned on the 2 hour idea is more clearly evident here. Corrective slop below this week's high is an early warning that the yellow or green alternatives may play out, but will late-comer bulls be so lucky?
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