GDX weekly - milder correction than last bull market - 9/30/2016

During last bull market, GDX had several corrections ranging from 17% to 21%. This time around it had a 14% and 16% (so far).

Overall up trend is intact. I will buy breakout on daily chart but it is not there yet. Be patient.

Kommentera:

This is how the daily chart looks like.