GDX - Chart Link- as you know bounced this
morning off the lows, and now back down to the morning lows again.
I drew a small wedge on this 60 min chart, there is some
divergence. Either GDX bounces from this pattern, or crashes
through the bottom. The trend of course is strongly down
until it changes and surprises will come in the direction of the
trend
GDX 60 min
Posted by matt on 5th of Nov 2014 at 03:28 pm
GDX - Chart Link- as you know bounced this morning off the lows, and now back down to the morning lows again. I drew a small wedge on this 60 min chart, there is some divergence. Either GDX bounces from this pattern, or crashes through the bottom. The trend of course is strongly down until it changes and surprises will come in the direction of the trend
>> and surprises will come
Posted by swh13 on 5th of Nov 2014 at 04:01 pm
>> and surprises will come in the direction of the trend
Therefore, surprises in the direction of the trend should *not* be surprising right?!