Ideally, I’m looking for something like this bounce to add back JDST shares. I’m not going to try to play the counter trend bounce, just waiting for the set up entry to add short.

GDXJ

Meanwhile, GLD filled the last of its gaps today into a double bottom and GDX has fared much better hanging at the 50MA and an apparent pivot. Nice profit taking opp and then we turn back to short soon on the bounce.

GLD

JDST resistance – gotta take some profits off the table here.

JDST