INDU seems to have finished its’ BT on the BLACK TRIANGLE from below. Last two days INDU has been rejected to stay above dMA(200) @ 32,363 intraday and closed below.

When we ZOOM-in … the BT on the horizontal line (possibly HEAD) becomes more clear while we observe a (9 days) little BLUE BEAR FLAG. If symmetry is what we get, then a firm decline from here we will see and (intra) bottom @ 29,000 approx.

As formerly presented with this INDU line chart with GDX overlay (blue), I mentioned that GDX follows INDU but exaggerated and is as we see these last few days; hence PM. Nevertheless, INDU rules over GDX … IMO. If INDU cannot stay above dMA(200) while obviously a BT seems to be completed then INDU goes LOWER … GDX will follow and will follow exaggerated eg. faster.

Then with the earlier presented GDX-15 today, it shows that also GDX has completed its’ BT.

Sure GOLD looks good and potentially at its’ roof as presented last weekend (gold line chart-3 timeframes).

https://goldtadise.com/?p=574669

Even CRYPTO seems against RES (see former posts) even though one could imagine a BO-UP … even for GOLD. Therefore both GOLD and CRYPTOs can be seen as a hedge against SM backdrop eg failing  bank system; certainly and I am not against and all PRO-PHYS. Nevertheless, this is paper markets and still affect price for PHYS. ALL ASSETS can easily be dragged LOWER when INDU fails to hold.

ALL BTs seems to have been completed. Could any elevation be uphold some days longer … certainly, but All markets can DROP ‘suddenly’.

IMO. DYODD.