A golden opportunity for gold minersHello friends. GDX is the gold miner's ETF. We have heard recently from SentimenTrader that there is a good chance for a bounce over the course of the next month in this index based on several factors which we won't outline here. The odds are that we will bounce up for around 3 months, and then continue to move much lower.
Our EWT count agrees with this data from SentimenTrader, so it's two layers of confirmation: Forecast, and data backing the forecast. All good swing trades should have both!
Thanks for playing.