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barbarictrader
Sep 13, 2017 7:42 AM

Bearish AB=CD Exit Out of Your Portfolio for a Moment? Short

VanEck Gold Miners ETFArca

Description

Targets of 38.2% and 2nd target 61.8%
Comments
lantao517
thank you for posting, if GDX back to 61.8% then it will back to previous huge triangle consolidation area, which mean false breakout...........so 61.8% is impossible unless GDX back to bear
38.2% and 50% are very possible or overshooting to slightly below 50%
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