nov 16 gdx update

The GDX has not violated any counts in this current run up.

For our preferred count, the current drop is wave ^iv^ which has corrected about 38.2{6662cb326f536db879050e93fbe8de36d93608a2a48b01f600643f4328fc39a1} of the entire wave ^iii^ rally, which is very typical.

 

For our preferred count to be eliminated we need to drop all the way back to the wave ^i^ high of 25.36.

For our alternate wave -iv- of ^iii^ bullish triangle it will be eliminated if we drop below the wave $a$ low of 31.23.

 

thanks!

Captain & Crew