A little more micromanagement of GDX as the bounce/rally continues along. The correction is still technically in force and here we simply review what’s needed to put it in the rear view mirror. The best scenario would be technical milestones being taken out while fundamentals improve. Funda objectives have bounced but need to follow through as well. Much like the technicals.
NFTRH+; Video Update, GDX Daily Chart
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Thanks. Another very clear and balanced look at the sector.