That bear flag that has formed looks like it might measure a ways further down than your circle, no?

Seeking alpha says the rumor comes from a Doug Kass tweet.  Maybe he has some options that expire this weekend?

Maybe he should follow some of these sometimes.  Take a look at his ETF..trades HAG in canada....down 30% in 3 years.

Diamonds are tricky..can be reversal patterns too..they can also mark major tops and bottoms.

Making a possible pos. divergence after blowout on Thursday.

On a 60 minute chart as Matt has posted each 60 minute interval is a "period".  His chart gors back to 5/15.  It shows 18 days of data, so even if you don't count before hours and after hours trading there would be 6.5 periods in each day.  18 times 6.5 is  117 "periods" on the 60 minute.  How do you come up with 12?  It is a channel not a flag in true technical terms..  That being said a channel still has an upper and lower boundry as support and resistence.  The price of the GDX can still break below the support or above the resistence.

Matt,   flags typically lose their validity as "flags" after 20 periods.  The daily is still in a flag, but is getting long in that pattern as it has been 18 days.

Ripping early....go figure...Cramer on CNBC earlier said..."stay away from the coal stocks"

Nice flag with 5 points in if it cn get thru 50.70 or so

My e-signal already shows divergence on RSI on 60 minute chart..not once but twice in the last several days.

That's what I thought, thanks.

You said earlier this would be for  "buy" signal no?

Very close to breaking out.

AEM had higer gold production than in same quarter last year without the goldex mine that they shelved last year took a big writedown  and caused the stock to drop close to $10.  Think there might be a bit more upside correction coming!

BHI warned this morning.

Interesting chart on an Oil &Gas stock.

I think USG is USG corp a building products company no?  US gold changed its name to Mcewen mining after it's chairman.  Symbol now MUX.

Also, Matt, nice bearish hook on the MACD and I believe that a 50% retracement on the dollar from the Oct/Nov low up to the Jan high comes in right at the neckline of the reverse Head and shoulders which would make that breakdown more powerful.

Gold and silver charts look explosive right now.  Silver just took out the $35.70 and only has air up to $40.

Looks like it's getting ready to explode.