Heavy selling today across all equities

[Pascal]

We have selling all over the place. teh PM miners are no different.
Note that a short signal would beissued on teh EOD GDX if we close below the Average - Porosity.


Pascal

13630

[Billy]

Really ugly day for GDX. Money Flow is approaching the average. An EOD short signal will be triggered if it closes below average – porosity (.085) or currently at -0.60 -0.085= -0.685%.
Pascal mistakenly wrote -0.66% on his chart.

The average is declining so the protection might be very slightly lower later today.
The last bounce has a chance of marking the lows for the day. It was on Weekly S1 (48.61), the strongest support in the first support cluster.
Billy