GDX / NUGT / DUST

These assets had gapped against us pretty badly on the open, but as of now, they are below yesterday's close, giving up all of the gap.

Here's GDX, NUGT and DUST.

 GDX daily with a bearish engulfing candle thus far, just after breaking above resistance.

The 1 min intraday chart of GDX falling from the opening gap up.

The trend version of 3C, 60 min with a very clear neg. divergence

GDX 60 min neg. divergence

 GDX 1 min was negative on the open as mentioned and in line on the decline.

GDX 5 min leading negative

NUGT leading neg. 60 min

NUGT leading neg. 5 min

DUST 15 min leading pos.

DUST 5 min. leading positive.

It's a good thing many of us didn't react to the initial opening gap, it would have been the worst place to sell, also the most emotional place, there's a lesson there.