GDX: still bullish but may get a short term pullback
We did get a rally in the minors after the at the .62 pullback level (labeled (2)or (B)). I took some profits yesterday as I think there may be a short term pullback before the next advance. I am still longer term bullish. We'll see.
Comment:
May hit the target area in the next couple of days. If we do and GDX turns up and breaks the short down trend line I will go long with the stop at the nearest low ("2").
