A bit small but still a double bottom in RMX (rare earths ETF).
Likely bounce to upper part of fib (and beyond) but vol requires some cooperation
Follow the fibo
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VanEck Vectors Rare Earth (REMX)
REMX Absolute 030617
REMX Relative 010317
REMX Relative 123016
REMX Absolute 123016
REMX/SPX 122216
REMX 122116
REMX formed 2 island reverals (a big one and a smaller one at 0.382 fibo) resistance at 16.9-17.16
A sporadic bullish leg before going lower? Keeping an eye