jmboyer1
Long

GDXJ / SPY RATIO

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Weekly chart of ratio of GDXJ (Junior Miners) vice SPY ....when ratio is going up Jr. Miners outperforming SPY and vice-versa.

Trend obviously still down.....BUT bullish RSI divergence since May 2013 indicates RSI forming higher lows despite price going down. Might GDXJ start to move north and carve out some zig-zag type pattern but moving up steadily? Just a hunch.....TBD....also visible on daily chart as well.
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