by Lara | Apr 29, 2015 | GDX |
I have two wave counts for GDX today. I favour neither. Charts only today. Click charts to enlarge. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It exhibits truncations readily, and often its threes look like...
by Lara | Mar 24, 2015 | GDX |
I have a new bullish Elliott wave count for GDX for you. The bearish Elliott wave count will be an alternate, in line with Gold. Click charts to enlarge. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It exhibits...
by Lara | Mar 11, 2015 | GDX |
A slight new low below 20.42 is enough to invalidate the alternate Elliott wave count. For GDX I now have only one Elliott wave count. Click charts to enlarge. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It...
by Lara | Feb 20, 2015 | GDX |
A slight new low below 20.42 is enough to invalidate the alternate Elliott wave count. For GDX I now have only one Elliott wave count. Click charts to enlarge. GDX does not appear to have sufficient volume for Elliott wave analysis of this market to be reliable. It...
by Lara | Feb 4, 2015 | GDX |
The situation for GDX remains exactly the same as last Elliott wave analysis. Click charts to enlarge. For GDX the main and alternate wave counts have exactly the same subdivisions, only the degree of labelling differs. This means it is impossible at this stage to...
by Lara | Jan 29, 2015 | GDX |
GDX has not made a new high, so it too remains range bound. The situation for all three markets, gold, silver, and GDX remains unclear. Click charts to enlarge. For GDX the main and alternate wave counts have exactly the same subdivisions, only the degree of labelling...
by Lara | Jan 22, 2015 | GDX |
Charts only today. Click charts to enlarge.
by Lara | Jan 16, 2015 | GDX |
The third wave is over, and it did not reach the target. The fourth wave is either over or halfway through. Click charts to enlarge. I see an incomplete five wave structure downwards. The final fifth wave for intermediate wave (5) is unfolding. At 14.13 intermediate...
by Lara | Jan 14, 2015 | GDX |
GDX continues higher as expected. Click charts to enlarge. I see an incomplete five wave structure downwards. The final fifth wave for intermediate wave (5) is unfolding. At 14.13 intermediate wave (5) would reach equality in length with intermediate wave (1). I have...
