GDXJ had a constructive week, exceeding p2=152.56 just days after shredding the midpoint Hidden Pivot resistance at 142.01. This one-two punch has all but guaranteed more upside in the days ahead to at least D=163.11.  Given the clarity of the pattern, there is almost certain to be tradeable resistance there. But the coordinates are too visually obvious to expect precise stopping power, so you’ll need to fashion a ‘camo’ trigger if you plan on getting short. Naked-shorting call options is another way to go, provided you understand the risks.  This is the best way to get short if you expect a few days’ worth of evasions, feints and obfuscations as GDXJ attempts to shake off traders who will be trying to get short at ‘our’ D target. ______ UPDATE (Mar 5): So much for my seppuku-worthy guarantee. Bears turned tail at 157.49, nearly $6 shy of the 163.11 target. wouldn’t it be crazy if the ‘mechanical’ buy about to be signaled at x=131.46 went on to achieve 163.11? I wouldn’t bet the ranch against it, since stranger things have happened. ______ UPDATE (Mar 8):  Actually, the ‘mechanical’ buy alluded to above does in fact have a chance of reaching the 163.11 target. Last week’s low at 136.11 not only came within 0.05 of the target, it gave way to a bounce that has so far gone as high as 137.81. No one mentioned this in the chat room, so I can only infer that none of you much cares about this symbol, let alone trades it. Correct?