[GDXJ] update

Backlink. Despite the potential bottom I pointed to in my recent JNUG post, the prudent gambler will keep an eye on the fact that we are up against resistance in 3 waves.  Generally it would take the power of a 3rd wave to break out of this overhead resistance.  The battleground is now at the blue arrow.  Failure to push out strongly tomorrow, preferably with a gap that takes everyone by surprise, likely cements the red path into place.  The sell signal is a lower low than the recent low.

Note: the recent wave bottomed mid channel which is what these wedges do sometimes at the end of a long trend.