Subscribers who used the 128.13 bottoming target I posted in the chat room at 12:35 could have gotten an $8 ride from just above Friday’s low.  The rally left GDXJ hovering within a bearish pattern that projects to as low as 110.79. There is no way to judge the likelihood of this, nor will there be until we’ve seen how sellers interact with the midpoint hidden Pivot support at 126.20. The trend could also go the other way, blowing out the 141.60 high that forms the pattern’s point ‘C’.  For now, though, GDXJ remains on a theoretical sell signal from x=133.90 that was showing a small loss when the week ended.