A look at the 4

    GDX comments

    Posted by mdschapiro on 18th of Apr 2012 at 12:29 pm

    A look at the 4 year daily shows a consolidation under/after broken support and around the 38% retracement, if it loses the 38% no real support until the low 40's. To keep in mind just in case.

    yes here's the weekly chart

    Posted by matt on 18th of Apr 2012 at 12:33 pm

    yes here's the weekly chart with Andrew's Pitchfork

    You could make a case

    Posted by mdschapiro on 18th of Apr 2012 at 12:37 pm

    You could make a case for counting that chart as 1) the first move down from the top, then an a-b-c flat 2), and now 3) in progress.

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