“Precious” signs of bottoming…yet?

CRB (Monthly) – Positive MACD crossing…though weekly MACD looks a bit fatigue for nowImage

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GDX (weekly) – a nice potential of reversed H&S set upImage

GDX (Monthly) – a slight positive MACD crossing here…but, a decisive cross in coming weeks would confirm its bottom as monthly crossing of MACD does not usually go flip-flop! More importantly, this would be the 1st positive monthly MACD crossing since the peak in 2011!!!Image

HUI-SPX Ratio – did not breakdown; expect the ratio to rally again…Image

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