Not quite trusting this uptrend in GDX.  Gap down almost guarantees a 3-PushDown pattern. Pts 1, 2, 3 complete with Pt 4 forming for a nice Wolf Wave… EWO suggesting one more down (need price divergence). Trend on Daily chart is dying a slow and painful death!!! Note however, that we could bounce off the trend line into an abc corrective before total death… This is what I expect to happen (at least the abc corrective up)!!!!

(Note, numbers on chart are EW counts NOT WW counts…. not the same thing)

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