04Feb10:13 amEST
Watch the Components for Explosive Moves
In determining whether the precious metals miners are on the cusp of another leg higher after a stellar open to 2015, I am keying off some individual components in the GDXJ, ETF for the junior gold miners. In particular, you can see individual components AG HL, which have a heavy weighing in that GDXJ ETF, both coiled up on their respective daily charts, below. The consolidations have been orderly thus far after the strong open to the new year. AG over $6.50 and HL over $3.40 would be promising starts to a potential JNUG long trade in the works.
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