GDX - Chart Link- a couple wave counts here, I
favor the one in read with wave 5 low in, or a pullback could form
a higher low in the pattern like a v or truncated one
if it pulls back from that trendline next will that pullback
will be telling, but the action so far has been encouraging and the
wave counts suggests the pattern is either complete or almost
yes the pullback will be very telling assuming we get one, and
price stalled at that downtrend line today. It held up very well
consider the market craping the bed,
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Posted by matt on 30th of Sep 2022 at 03:51 pm
GDX - Chart Link- a couple wave counts here, I favor the one in read with wave 5 low in, or a pullback could form a higher low in the pattern like a v or truncated one
if it pulls back from that trendline next will that pullback will be telling, but the action so far has been encouraging and the wave counts suggests the pattern is either complete or almost
If you're not already in,
Posted by jared95 on 30th of Sep 2022 at 04:02 pm
If you're not already in, then buy the higher low?
yes the pullback will be
Posted by matt on 30th of Sep 2022 at 04:09 pm
yes the pullback will be very telling assuming we get one, and price stalled at that downtrend line today. It held up very well consider the market craping the bed,