GDXJ has corrected sharply after falling a substantial 1.68 shy of a 45.57 rally target that remains viable. In fact, a further fall to the red line, a midpoint Hidden Pivot support at p=38.92, would trip a moderately appealing ‘mechanical’ buy, stop 36.70. It would be less hazardous to wait for the correction to come down to x=35.59, but that would risk missing the next important upturn. In practice, we’ll look to buy at the higher price, but with a ‘camouflage’ trigger that risks relative pocket change. Stay tuned if you care.