UnknownUnicorn540299

Goldminers: The dead come to life

AMEX:GDXJ   VanEck Junior Gold Miners ETF
Goldminers has been silently just going sideways for a long time.
If price is where I suspect it will at the designated time: Go long.
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Keeping relatively well up compared to gold. But when has ever fundamentals played a role for anything in this world? :)
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This is capitulation pattern I want to see.
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More detailed analysis as we get closer to the date...
At price 31 (exact 30.9 as that is 180 degrees from 2017 high) I will be a buyer. I anticipate July 3rd as a Nice date to enter positions.
Slightly lower Levels might occur if the triangle has a "throw-over bottom" to kill sentiment completely, but i expect such to be very short lived and reversed With great force.

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Measured target is found as taking simply height of the triangle. Meaasured angle of trend is set equal to the angle between (I) and (II).

July 3-7 is one of the most important dates in the market for trend-change.
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Now a small bloodbath may start as trend curvature steepens
Trade active:
Disappointing "capitulation" going on.. We are so Close to my time cycle that I took first position 33 % of position. Maturing November 2018.
Trade active:
Added yesterday; now up in 80 % position.
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