My take on GDX - when it will bottom and roughly when..
Once red 4 is complete, wave 5 promises to be big and fast, and will eclipse the high of wave 3.
In the very short term there is potential for an upturn to roughly 30, but my primary is that we make our way to the target zone more or less from here.
Once The downtrend is complete and the uptrend starts, I will update projections for wave 5.