Since the last posting there was one more drop of the to close one of those "nasty" gaps that Mr.(or Ms) Chart seems to hate to leave open. Would not be surprised to see rise from here. Process your way. For target see previous post with link below . Take care.
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Looks like it wants to close another gap
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Corrections vary so much that you often have to reconsider what pattern is forming. Another way to guess targets is the relationship between A and C in ABC type corrections. Here is my best guess on GDX today.
Have a good day