GDXJ 102.88
per the poll, contest, challenge …
this low from late Friday is NOT the final correction low. IMO.
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POSTING INFORMATION
SO WHAT DID I WIN ?
No winner until the correction is (proven to be) over.
(Deadcat) bounces don’t count.
You can claim the final low is in (ONCE and ONLY once).
Or you can claim the apparent low is not final. That was why I posted.
This will take a few weeks, perhaps MONTHS.
PS — if you are a DISCIPLINED trader, you don’t wait until you are certain.
You position around ANY possible final low. Then apply stops.
If the low doesn’t hold, you get stopped out, and keep trying until one sticks.
If you are an INVESTOR or you position on FAITH, you might throw RISK MANAGEMENT out the window, and AVERAGE DOWN on your accumulating losses.