Concerning the Junior Miners

Gold and Silver both look impacted here, leaving me neutral to slightly bullish for the next few days.  I’ve included a tout and chart today for the Junior Miner ETF, since a moderate decline in this vehicle would encounter a Hidden Pivot that has informational value.  Someone in the chat room asked whether Armageddon looms for gold shares, but I’m just not seeing it. They may have disappointed relative to the metal, but low-level demand for mining stocks seems likely to persist even when bullion quotes are dormant.