GDX Inflection Point

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For those who trade in gold and silver resource stocks, looks like we are at a major inflection point. The blue EW looks to be the most plausible path for GDX while the red is still a viable alternative. The small blue diagonal box will tell us a lot as this is the inflection point IMHO. A break above this and the trend line would indicate the bottom is in place for Primary wave 2. Below this box and we have OML. Just my opinion.