Monday, October 19, 2015

[GDX] update

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The current zoom out snapshot is below.  So far this can still be a retracement but if it falls below the green horizontal then the odds go up rapidly that Avis' final M+M wave is upon us.

A break back up above the up-sloping red line would be the first indicator of a reversal back upward.  This is obviously a critical time for the likes of JNUG and other miners. 

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