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gdxj as bad as its been


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#1 gannman

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Posted 19 July 2018 - 06:32 PM

and its been bad ha ha it is still a full two points above the feb low

 

what i think happens key word being think is we go a little lower and then

 

rallly towards 33

 

IF that happens and its a big if there would be one more leg down to complete 

 

the 143 year wave 2 we are experiencing 

 

take it all with a grain a salt several grains of salt 

 

it is just an opinion 


feeling mellow with the yellow metal


#2 gannman

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Posted 24 July 2018 - 01:31 AM

fwiw from the july 9th top we are still in a wave 3 imo 

 

so a bottom in this etf is not going to happen until some time in august 

 

fwiw

 

and august is what fib has been saying all along so kudos to him


Edited by gannman, 24 July 2018 - 01:36 AM.

feeling mellow with the yellow metal


#3 gannman

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Posted 24 July 2018 - 02:27 PM

i think we have completed sub wave iii down now a subwave iv and then a subwave v

 

then we see if we have bottomed the whole complex not the time to turn bearish on the sector


feeling mellow with the yellow metal