Chart of the Day: GDXJ

• First price chart trend line broken.
• MACD has broken first trend line.
• RSI has broken two trend lines.

Hopefully this turns out like the scenario I described a few months ago:

Blood bath phase breaking all technical supports exactly like before the huge Q1 rally 2016, which would make sentiment extremely bearish before reversing and leaving most investors at the station.

GDXJ