GDX is bouncing here at a strong support line but my expectations, based on my cycle uptrend forks is that the Blue support line will give way here.

The Miners are on day 16 of TC2 here (normal timing band for a TC low is 23-29 days but we have seen TC lows as early as 18-20 days.) If you look at my larger Green Fork you will notice that the last uptrend for GDX topped right at the backtest of this fork.

As always, use this as info but follow the charts.

Screen Shot 2016-01-12 at 11.18.46 AM