7/3/17 GDX update: Getting crushed on this GDX long trade but is it time to buy just yet? getting close. But always look at more than 1 indicator for clues. The "go to" indicator for the sector is actually HUI....and it isn't even close to being a short term confirmed bottom yet...let alone gettting close to a buy signal.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=hui&x=50&y=8&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11

GDX is actually close to a buy signal here at the 21.46 low for the day. Now at 21.48 "live!' on teh last trade. I say wait to either initiate or add to long positions.

http://bigcharts.marketwatch.com/advchart/frames/frames.asp?show=&insttype=&symb=gdx&x=52&y=22&time=18&startdate=1%2F4%2F1999&enddate=2%2F18%2F2017&freq=7&compidx=aaaaa%3A0&comptemptext=&comp=none&ma=0&maval=9&uf=0&lf=1024&lf2=2&lf3=8&type=2&style=320&size=4&timeFrameToggle=false&compareToToggle=false&indicatorsToggle=false&chartStyleToggle=false&state=11