GDX Elliott Wave Technical Analysis – 19th January, 2016

Elliott wave charts only today. MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. DAILY ELLIOTT WAVE COUNT Click chart to enlarge. ALTERNATE ELLIOTT WAVE COUNT Click chart to enlarge. Although this is labelled as an alternate, I will not favour either wave...

GDX Elliott Wave Technical Analysis – 1st December, 2015

MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. The bull wave counts for Gold have been invalidated, so I will not follow them for GDX. I will let Gold lead GDX. GDX has been in a bear market since September 2011. While price remains below the upper edge of the...

GDX Elliott Wave Technical Analysis – 9th October, 2015

BEAR – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. BEAR – DAILY ELLIOTT WAVE COUNT Click chart to enlarge. BULL – MONTHLY ELLIOTT WAVE COUNT Click chart to enlarge. There are at this stage three likely structures for primary B for the bull...

GDX Elliott Wave Technical Analysis – 21st July, 2015

I will let Gold lead. For this reason only I will not publish a bull wave count for GDX. 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 fives while...

GDX Elliott Wave Technical Analysis – 5th July, 2015

I have the same two Elliott wave counts for GDX. I still favour neither. 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 fives while its fives look...

GDX Elliott Wave Technical Analysis – 10th June, 2015

I have the same two Elliott wave counts for GDX. I still favour neither. 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 fives while its fives look...

GDX Elliott Wave Technical Analysis – 21st May, 2015

I have the same two Elliott wave counts for GDX. I still favour neither. 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 – 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...