SCI-SCV, SCA-SCC: Super Cycle
C1-C5, CA-CC :Cycle
P1-P5, PA-PC : Primary
[1]-[5], [A]-[C] : Major
1-5, A-C : Minor
(1)-(5), (a)-(c) : Minute
i-v, a-b : Minuette
Primary Count:
White/Green (Bull Market)
White/Red (Bear Market)
Alternate Count: Blue
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Posted by pugsma on December 15, 2016
12:10 pm EST: Here is a quick look at the GDX 4-hr chart. There is a 2nd triangle break-down with a target at 17.90. So far GDX has hit 18.68. Note the 1st triangle break down came up about 0.86 short of the target, which would be 18.76 here on the 2nd triangle.
GDX 4-hr chart:
This entry was posted on December 15, 2016 at 12:09 pm and is filed under GDX. Tagged: GDX Technical Analysis. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.
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