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...

GDX Elliott Wave Technical Analysis – 7th January, 2015

I will present only the one wave count for you today. The second alternate from last analysis remains valid for GDX, but it is invalidated for Silver, and has a very low probability so I will not present it today. Click charts to enlarge. I see an incomplete five wave...