Loading ...Remembering January with the big “bull trap” before trekking higher in GDX…
One of dozens of charts…
I can see a washout to $22-24 to purge the bulls before continuing higher to complete this bullish descending wedge…
As usual, “random thoughts”…
FGC shared this chart earlier…
Looking at that too ES
Nice chart Eagle. Was watching that very downtrend line this morning where I sold my GDX calls from yesterday right there and rolled the profits into GDX Oct 7th $22.50 Puts for 6 cents each.
While the pattern in my chart is a bullish falling wedge, I don’t think it has bottomed just yet based on Time.