Elliott Wave Analysis of Gold Miners (GDX) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Gold Miners (GDX) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. The Market Vectors Gold Miners ETF (GDX) has continued to the downside as expected in my last GDX post, but if the attached analysis of the most recent wave structures is correct, the bottom is close at […]
Elliott Wave Analysis of GDX (Gold Miners ETF) by Sid from ElliottWavePredictions
Elliott Wave analysis of GDX (Gold Miners ETF) by Sid from ElliottWavePredictions. Click on the chart twice to enlarge. GDX looks to continue lower, with the next large-degree Fibonacci target at 18.50 (where blue C will equal blue A times 2.618). The movement to the downside since September 2012 appears to be a 5th wave […]
Elliott Wave Analysis of Caterpillar Inc. (CAT) by Sid from ElliottWavePredictions.com
Elliott Wave Analysis of Caterpillar (CAT) by Sid from ElliottWavePredictions.com. Click on the charts twice to enlarge. Since February 2012, CAT has been sporting 5-wave impulses to the downside, and 3-wave corrective structures to the upside, essentially amounting to a very bearish nested 1-2. Look out below! Services Offered by ElliottWavePredictions.com: EWP ScreenShots Weekly “Counts” […]
