GDXJ took four months to rise to within a penny of the 41.16 target I’d billboarded since November, so we shouldn’t be too eager to jump back in while it takes a proper rest. At the moment, the ETF looks unlikely to avoid more slippage to at least p=33.49, but we’ll need to find another marker to re-board on the anticipated weakness, since the pattern is spent for trading purposes.
GDXJ – Junior Gold Miner ETF (Last:35.64)