GDX - Chart Link- regarding GDX I drew up the
option that I've been discussing
first off GDX broke its uptrend symmetry last week, which sets
the stage for a lower high to be put in.
what I've been discussing is the possibility of this forming a
large ABC over the next month, the next bounce forming a lower high
B, then another decline in C, then maybe a good bottom
GDX and symmetry - my overall thoughts
Posted by matt on 14th of Feb 2023 at 10:50 am
GDX - Chart Link- regarding GDX I drew up the option that I've been discussing
first off GDX broke its uptrend symmetry last week, which sets the stage for a lower high to be put in.
what I've been discussing is the possibility of this forming a large ABC over the next month, the next bounce forming a lower high B, then another decline in C, then maybe a good bottom
Thanks Matt
Posted by RP on 14th of Feb 2023 at 10:51 am
Thanks Matt