bhowe

GDX

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AMEX:GDX   VanEck Gold Miners ETF
I tend to look at patterns in a stock, to look for clues for when a repeat is happening. I look at GDX and I see similar, although not as dramatic patterns. Take the candles from the RED box and overlay them where we are now, this would be the GOLD candles. Now look at the smaller blue boxes, I think we are in a similar place and pattern as the previous BLUE box. If true, we should blast higher soon. No Guarantees, but.......see attached. Safe buy would be a break of the purple trend line

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