I am fascinated by this chart, I cannot believe that an
algorithm can produce such a detailed and precise description and a
close prediction. This chart is the best EW explanation I've seen
with respect to the GDX chart!
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GDX 15 min
Posted by matt on 17th of Dec 2009 at 03:45 pm
appears to possible be a bear flag forming, so maybe we get one more down move into tomorrow morning for GDX, and then bounce?
Matt, would it be not
Posted by junkie on 17th of Dec 2009 at 06:43 pm
Matt, would it be not late tomorrow to place a swing short on the bounce? The target would be 150 on the $XAU or the MA(200)?
here's an updated 15 min
Posted by matt on 17th of Dec 2009 at 04:13 pm
here's an updated 15 min chart, the bear flag playing out. We'll see what happens tomorrow, we'll see if it sets up a low tomorrow morning
but the 60 min chart is UGLY
Here's a daily on GDX
Posted by Peridot on 17th of Dec 2009 at 03:49 pm
Here's a daily on GDX from the GET platform taken at 3:48 p.m. today.
I am fascinated by this
Posted by junkie on 17th of Dec 2009 at 09:48 pm
I am fascinated by this chart, I cannot believe that an algorithm can produce such a detailed and precise description and a close prediction. This chart is the best EW explanation I've seen with respect to the GDX chart!