GDXJ is probably within no more than five points of groping its way to the bottom of the textbook head-and-shoulders pattern shown in the hourly chart (see inset). If it’s going to revive sooner rather than later, though, the secondary pivot at 43.44 would be a logical place for this to occur. You can bottom-fish there with a tight stop-loss, using expiring call options if you’ve got the chops. I’ve used a dubious one-off ‘A’ high here, and the pattern could turn out to be governed by the marquee high at 55.58, so plan accordingly.