GDX Elliott Wave Technical Analysis – 29th April, 2015

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...

GDX Elliott Wave Technical Analysis – 24th March, 2015

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...

GDX Elliott Wave Technical Analysis – 11th March, 2015

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...