GDXJ is just an inch from touching down at the 57.53 Hidden Pivot target shown. The pattern looks too obvious to work precisely, but it is also sufficiently compelling to all but guarantee a tradable turn from somewhere near 57.53.  This usually means that catching the low on a chart of lesser degree will endure a stop-out or two before the vehicle reverses and does what it is supposed to do: make you money. A decisive penetration of ‘d’, especially on first contact, would be quite discouraging, but I doubt we’ll see it. _______ UPDATE (Apr 6): I first mentioned a 72.23 target two months ago when GDXJ was trading in the mid-50s.  The target still looks all but certain to be achieved, especially with the recent breach of a 64.23 midpoint Hidden Pivot associated with an even higher target at 111.59 (!)   Further attesting to the power of the rally, the thrust exceeded the watershed high at 65.95 recorded in August 2020.  Although a stall at 72.23 should be expected, GDXJ would be signaling a potentially ballistic move to 111.59 if it punches through the lower resistance easily.  The pattern yielding these targets is compelling, implying that a top of some importance could occur at 111.59. Here is the graph I’m using to get a confident handle on this vehicle. The data go back to 2009, the year in which GDXJ was listed.