GDX, XBI update 1/24

GDX: major c should now be underway targeting $60 eventually. But we’ll first need an intermediate i/a, and ii/b set up before the real money making c-wave starts. intermediate i is likely now underway.

gdx

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XBI: Great bullish reversal candle today, with the low close to the (green) 61.8% retrace. We think minor 3 of intermediate iii is now underway.

xbi