nem
NEM appears to be a good proxy for the miners…We have a potential double top with negative divergences on the RSI 5 and 14…Look what happened at this point last August. Again, divergences can be negated–something to watch.
NOTE: NEM CLOSED TODAY AT THE HIGH LAST AUGUST $27.31…INTERESTING TIMES…GDX was 7 cents shy of the 200 MA today.

http://stockcharts.com/h-sc/ui?s=NEM&p=D&yr=1&mn=0&dy=0&id=p68251724788&a=408038728&listNum=1