Jump to content



Photo

and just to keep things in perspective here the gdxj


  • Please log in to reply
1 reply to this topic

#1 gannman

gannman

    Member

  • Traders-Talk User
  • 6,948 posts

Posted 10 December 2016 - 02:15 AM

in july of 2014 the gdxj peaked at 46.5 and bottomed in nov about 4 months later at 22.3 

 

for a percentage loss of about 55 %

 

 

in 2016 we peaked at 52.5 and we have dropped to 32.8  for a loss of about 38 %

 

 

 this is a corrective wave and NOT an impulse wave if it was an impulse wave we would have given all the gains back 

 

that is the way i see it fwiw  and i think we bottom this week 


feeling mellow with the yellow metal


#2 dougie

dougie

    Member

  • Traders-Talk User
  • 9,000 posts

Posted 12 December 2016 - 09:54 PM

How can you tell the give up is not manana