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CosmicDust

SPY/GDX - miner still vulnerable - 10/7/2016

SPY/GDX  
CosmicDust  
SPY/GDX  
SPDR S&P 500 ETF (SPY) GDX
1
0
spy gdx
Did you wish you bought gold miner back in February, and sold in July? This chart provided the clue.

If the ratio breaks out the blue channel, it will be really bad for the miners.
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