sp'daily3 - fib retrace
GDX, weekly
Summary
*with precious metals whacked lower, the miners are naturally getting smashed... GDX set to break the Nov' low... the $12/10 zone is very viable by late summer.
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Equities look weak.. and still look due to take out the Wed' low of 2087.
Notable strength: BAC +3.5%
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time to shop... back soon!
11.20am.. BACK.. from a minor retail venture... and I see a break <2087... with VIX jumping into the 15s.
So... we're on track...
... time to cook !