{"id":346439,"date":"2015-05-17T15:48:35","date_gmt":"2015-05-17T19:48:35","guid":{"rendered":"http:\/\/goldtadise.com\/?p=346439"},"modified":"2015-05-17T15:48:35","modified_gmt":"2015-05-17T19:48:35","slug":"ew-update-to-gdx-possible-wolf-wave-forming","status":"publish","type":"post","link":"https:\/\/goldtadise.com\/?p=346439","title":{"rendered":"EW Update to GDX &#8211; Possible Wolf Wave Forming"},"content":{"rendered":"<p>Just a Sunday morning update to GDX 2HR Wave Count shown yesterday. Looks like a Wolf Wave maybe in the works. It plays well with the EWO (i.e., expect one more lower hump with a higher price). Note how the a-b-c of this incomplete minor wave iv clearly shows on both the CCI and RSI.<\/p>\n<p><a href=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_GDX_2HR.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-346440\" src=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_GDX_2HR-300x281.png\" alt=\"0517_GDX_2HR\" width=\"300\" height=\"281\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_GDX_2HR-300x281.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_GDX_2HR-150x140.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_GDX_2HR-800x748.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_GDX_2HR.png 863w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>What prompted me to rethink the count was a review of the NUGT 2HR Chart (this is what I actually trade). The Zig Zag(3) didn&#8217;t like my count from yesterday. Note the shaded area would be a 100% retracement (a=c). 62% is probably more realistic.\u00a0 Trade the indicators but at least we have some confidence that we go down some more then up and have some targets.\u00a0 As I mentioned in my comments last night, we could just go straight down from here in a 5-wave count. Tight stops on any trades!!!!<\/p>\n<p><a href=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_NUGT_2HR.png\"><img loading=\"lazy\" decoding=\"async\" class=\"alignnone size-medium wp-image-346441\" src=\"http:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_NUGT_2HR-300x223.png\" alt=\"0517_NUGT_2HR\" width=\"300\" height=\"223\" srcset=\"https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_NUGT_2HR-300x223.png 300w, https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_NUGT_2HR-150x111.png 150w, https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_NUGT_2HR-800x594.png 800w, https:\/\/goldtadise.com\/wp-content\/uploads\/2015\/05\/0517_NUGT_2HR.png 942w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a><\/p>\n<p>Note: Wolf Waves are cool. Google is your friend to learn more but symmetry is all important&#8230;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Just a Sunday morning update to GDX 2HR Wave Count shown yesterday. Looks like a Wolf Wave maybe in the works. It plays well with the EWO (i.e., expect one more lower hump with a higher price). Note how the &hellip; <a href=\"https:\/\/goldtadise.com\/?p=346439\">Continue reading <span class=\"meta-nav\">&rarr;<\/span><\/a><\/p>\n","protected":false},"author":2263,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-346439","post","type-post","status-publish","format-standard","hentry","category-uncategorized"],"_links":{"self":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/346439","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/users\/2263"}],"replies":[{"embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=346439"}],"version-history":[{"count":0,"href":"https:\/\/goldtadise.com\/index.php?rest_route=\/wp\/v2\/posts\/346439\/revisions"}],"wp:attachment":[{"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=346439"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=346439"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/goldtadise.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=346439"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}