Chartboy - Excellent observation of the Fibs

GDX now down 2.7% -- telling us something bearish I think

Measures down to about 1229

AAPL, AMZN, CMG, NFLX, PCLN not joining party, GMCR up a tad

It's not particularly bullish when the leaders aren't leading

That pretty much defines weak

GDX 5Min Inverse H&S could be setting up, would be nice to get a little pull back tomorrow to get symmetry

GDX 15Min broke downtrend line and backtested

GDX 60room to run up to downtrend, pretty much matches 5 Min objective

 EDIT: FOR SOME REASON THE 15 AND 60 LINKS AREN'T WORKING, I'LL POST THEM AGAIN

GDX 60

GDX 15

 EDIT AGAIN! Stockcharts is having its problems I think -- the downtrend line on the 60 disappeared, but trust me, if you draw it you'll see what i'm talking about! I'm giving up now.

Scary stuff

Wow, this is could easily happen to an ETF that any of us is trading. My first reaction is that that you leave yourself wide open if you don't use limit orders. In a milisecond a market order could get filled at some insane price, and then you would get to fight about having it canceled and who knows how that might come out.  The fact that the SEC turns a blink eye to all this is infuriating.

Yes, nice breakdown on XLE,  looks like the bottom of the channel which will probably also be the 200 day and S2 is a reasonable objective on this move.

I would only rarely take that trade in the last 15 minutes, and I really don't like the way the longer stochastics on the 15 min chart remain burried. But I did appreciate the way everything was lined up so pretty :-)

Nope, not rushing :-)

Kobie -- Nice chart! Been waiting all day to get here.

You've posted this chart many times yourself -- If the wedge breaks to the downside, then it could measure WAY down. Are you saying that you think that we will likely break the wedge, but that we will find support long before it plays out in full?

I'm also long term very bullish on gold, but this is the one chart that has concerned me for a while.

Once nice gold chart

That should read ONE nice gold chart :-)

Good point Mamaduck -- thanks -- Let's see which way it breaks.

Thanks very much Kobie -- I'm afraid I was sloppy in my post. You're right.