darth.stocks

Miners: intermediate correction - testing neutral to long

Education
darth.stocks Updated   
AMEX:GDX   VanEck Gold Miners ETF
11
I discussed various times the periodicity in gdx/gdxj and it's relation to JPYUSD. A single period as previously suggested is certainly a bit to easy, so I took a bit of time and modelled on various time scales. Follows quite reasonably...Till May 12th we should see a neutral/upward movement and from 12-24 another correction... Major low should be expected in September.
Trade closed manually
Comment:
3 day's difference from calculated top to real...

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