there is a 3 wave move down on GDX, could be an abc or that
could be abc of A. otherwise the 50 day MA is here and
is a place to see a possible reaction bounce off since GDX hasn't
testing the 50 day MA since early Nov
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GDX comments
Posted by matt on 3rd of Feb 2023 at 04:01 pm
GDX - Chart Link - I expect GDX to have at least a reaction bounce off/near the 50 day MA
yep i agree sold gdxd
Posted by RP on 3rd of Feb 2023 at 04:06 pm
yep i agree sold gdxd before close will go back in next week looking for at least 29.00 to fill that gap on chart. dollar also made nice move.
there is a 3 wave
Posted by matt on 3rd of Feb 2023 at 04:07 pm
there is a 3 wave move down on GDX, could be an abc or that could be abc of A. otherwise the 50 day MA is here and is a place to see a possible reaction bounce off since GDX hasn't testing the 50 day MA since early Nov