UCO, GDX update July 10

UCO: Found support right at the lower green trendline. More downside likely, but if the trendline holds and we get more upside an ideal A.I. buy signal will be given. Keep it on the long radar 🙂

UCO

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GDX: However we slice and dice it, $35ish is the upside target for GDX. We have 3 different ways that point there: black C=A, red c=2.0x (likely a 5-wave count instead), and the blue arrow using simple symmetry analyses. At current prices that’s around 12.5% upside left.

GDX