Today we find out if it was just another short covering rally at the end of the day or the start of a decent bounce. The failed attempt at the end of last week did allow GDXJ to build in some positive divergence with a lower low as HUI satisfied 220, a technical target (there’s another potential and valid target lower). But it’s just a 60 minute chart, so the divergence is minimized. Ladies, place your bets!
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