I believe GDXJ just completed a backtest of a previous breakdown area right at its apex. I posted that yesterday. It looks like we have now broken the uptrend line as well (sorry about the blurriness):

gdxj4

This may be too early to tell but I am still looking for GDXJ to touch the bottom trendline of this falling wedge one last time on a long term chart somewhere around $15.

gdxj3

Who knows, we could still bounce and gold has barely budged as of typing this but the miners are indicating a deep retrace and for me, much further.