GDX to 27 at least. May go slightly higher first, but it's close to a major turn IMO. If it breaks support at 27, it can go much lower.
Kommentar:
Forgot to point out the declining volume on this enormous rally - suspicious with the bear divergences
Kommentar:
nice sell signal today. If it retouches the trendline, it's an objective short
Kommentar:
Retest of trendline. Could get higher, to the red trendline
Kommentar:
another test of trendline
Kommentar:
one more test, one more divergences. I'm expecting today to sell off
Kommentar:
Watch for break of channel
Kommentar:
GDX broke channel convincingly
Kommentar:
Nice head and shoulders forming on GDX. $27 still looks very reasonable
Kommentar:
testing neckline