GDX Daily

    Posted by steve on 3rd of Feb 2011 at 08:55 am

    GDX

    Possible Bear Flag/Wedge - Let's see how this resolves. Also watching to see if it bounces further to form a RS of a HS Topping pattern. Indicators are pointing up for now.

    GDX

    Posted by hazbin1 on 3rd of Feb 2011 at 09:07 am

    Steve,

    if that daily chart were viewed as a head and shoulders configuration - is that possible?  (H @ 64.19 R/S @ 62.02), what would it measure down to?

    That was the initial HS

    Posted by steve on 3rd of Feb 2011 at 09:12 am

    That was the initial HS that measured down to near our recent lows.

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