$GDX - Market Analysis for Nov 6th, 2018

Not sure if midterms will provide a catalyst, but if we indeed have a i-ii start to a 5th wave down in GDX, this is the point where price should start to accelerate lower. A break back above yesterday's high makes downside follow through more questionable.

GDX - Micro - Nov-06 0936 AM (1 hour)
GDX - Micro - Nov-06 0936 AM (1 hour)
Garrett Patten is a senior analyst at ElliottWaveTrader covering both U.S. and international equity indices as well as stocks.