There is a weekly chart for the GDXJ which I haven’t posted before waiting for a good time to post it. I guess now is as good a time as any. This week marks the 7th week that the price action has traded above its H&S neckline. This chart is a bigger version of the March H&S bottom we’ve seen on most of the PM stock indexes. This GDXJ chart could give us our first real indication that the next rally phase for the PM stocks is getting underway.