GDX-Gold Miners

GDX looks like it might see some action today to the upside, but like GLD, I'm not ready to commit to it as I don't see the longer term support fully built in yet.

 This triangle under resistance will be taken by technical traders as a consolidation/continuation pattern to the downside, so a quick move up may stop out some shorts in the trade, it looks like if we do get that move, that's the highest probability at this point, a shakeout.

 The 3 min intraday and 5 min charts above and below are both positive.

 However the 15 min chart has not built in a strong positive divergence yet, it may be worth a look if you are very nimble, but I personally wouldn't trade it here, it's just not high probability at this point.