The 2 charts below show a sideways bull flag on both SPX and GDX. Higher highs for both after this week (into late June) probable.
2 replies to this topic
#1
Posted 12 June 2017 - 09:58 AM
Sideways Bull Flag on SPX and GDX
#2
Posted 12 June 2017 - 10:18 AM
Gartman: "The Nasdaq One Day Will Collapse... But Buying Today On Weakness Should Be Wise
http://www.zerohedge...-should-be-wise
My feeling is VIX will likely head for high 14s, if it breaks that it will head for 17 and change (two different trend lines). If it breaks the second line to the upside, that would be bearish.
#3
Posted 12 June 2017 - 06:58 PM
I hope the chart will show... Anyway, if these patterns mean anything to you, there is a nice butterfly harmonic pattern formed on ESM17:
Not exact but pretty close.
Edited by arbman, 12 June 2017 - 07:01 PM.
Also tagged with one or more of these keywords: SPX GDX
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