GDX UPDATE

I POSTED A CHART SOME TIME AGO WITH A PREDICTION FOR THE BOTTOM OF THIS DECLINE AT 17.83.

I NOW EXPECT A REVERSAL IN THE NEXT FEW WEEKS, STARTING VERY SOON. HOWEVER, THIS WILL NOT BE THE OVERALL BOTTOM, AS I EXPECT A TRIP TO THE 30'S (ALT 4 ON ORIGINAL CHART), BEFORE FURTHER DECLINE TO AROUND THE SAME LEVEL (DOUBLE BOTTOM).

A DECLINE INTO THE TARGET BOX SHOULD CAUSE A POWERFUL SPIKE UP.

THANKS

BEN