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Time For A Turnaround In GDXJ?

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GDXJ is in the Minus One/Plus Two sell position for the first time since topping out at $50 on July 13.

 This is occurring on a backtest of its 20 day line for a possible Holy Grail setup in tandem with a Fed meeting.

 This is only the second time the 3 Day Chart has been pointing down in GDXJ since the January 20 low.

 See daily GDXJ below for 2016 with 20 day.

gdxj