Posted by angelique on 19th of Dec 2017 at 02:24 pm
Nice notes on your chart. Personally I look for divergence
with rising or falling wedges. Also not sure about where you've
started your upper trendline, I wouldn't have marked it up the same
way - that said a wedge might still be forming, but starting from
the first up wave. JMO.
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GDX Bear wedge developing?
Posted by victorh on 19th of Dec 2017 at 02:06 pm
GDX Bear wedge developing?
Nice notes on your chart.
Posted by angelique on 19th of Dec 2017 at 02:24 pm
Nice notes on your chart. Personally I look for divergence with rising or falling wedges. Also not sure about where you've started your upper trendline, I wouldn't have marked it up the same way - that said a wedge might still be forming, but starting from the first up wave. JMO.