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moneyjeff1

Trying to make sense of a complex correction.

VanEck Gold Miners ETF (AMEX:GDX)  
moneyjeff1  
AMEX:GDX   VanEck Gold Miners ETF
Trend Analysis Wave Analysis Elliott Wave
3
0
trendanalysis waveanalysis elliottwaves
A possible combination of ZIG ZAG followed by a FLAT pattern and it should be completing soon. The 5th wave of the C wave could be an ending diagonal pattern, if so the reversal could be very fast.

The bearish alternative is that next bounce could be a B wave that retests the May high, then back down again in a C wave.
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