Now that you've jogged my mind I thought I should 'update' this GDX/GLD Ratio chart that shows the buy and sell signals for GDX. I originally showing a falling Wedge pattern with the upper line presently dotted. That was not correct. When I was posting the bearish Gold chart double top with negative divergences and selling off I noticed price on the GDX/GLD broke out over that dotted line signalling a buy signal for GDX. No way that was possible. So looking at the chart again 'without bias' I recalled the rule for drawing channels. That rule says to use the line that is tagged at least 3 times to clone the other channel line from. So doing this the breakout rally high over the dotted incorrect falling Wedge lined up perfectly with the cloned line off the correct lower line that had been tagged 3 times. So here is the perfect falling channel still intact. A tag of the lower line would be a buy signal for the GDX. And I suppose a breakout over the upper line would also be a buy signal. Hopefully the ratio chart will fall to the lower line for a cheaper price on GDX and a repeat of previous signals. See how the Gold stocks sold off today to the bottom of the day's range even with a strong Gold market. Definitely worth paying attention to this chart. I could post it with a Stockchart's chart in pretty colors but this Qcharts chart does make the point in a more no nonsense fashion...........