BULL/BEAR fight
While GDX still in progress of BT-ing the HEAD from below while setting a right shoulder (on the LT-chart) and still while EUR and USD in progress of there BT, then when looking at DUST (2x inverse GDX), we see on the 15 min a possible INVERSE H&S. Such gives edge to the GDX-BEAR.
Here DUST-15 min chart. This is as I see it. Well you know me, just happy charting.
Still we could see another (equal) low next week (for DUST). So far in process of BOTTOM-ing, IMO and could take several days up to few weeks and equals the testing of GDX on it long term (LT) HEAD from below. Alternative DUST on 15 min could BO its’ little BULL FLAG.
As for GDX-LT and USD-LT and EURO-LT . . . see former POSTS.
ADDED: EOD: