And here is the Major Gold Stock ETF:GDX with the Gold ETF:GLD overlaid. You can see since the stock market topped out in late April the Gold stocks have been 'underperforming' Gold. Up until then the stocks were holding their own with Gold basically. So Gold has been better to hold and trade than the stocks other than since mid to late Dec the Junior Gold stock ETF:GDXJ has outperformed most related markets as it was beaten down badly so is bouncing back stronger. But as I said it is spinning its wheels at 30 resistance too. Tomorrow 'before' the open the widely watched employment report comes out and often has a dramatic effect on markets. Always have to be cautious on the 1st Friday of the month. But for a good indicator to give a 'heads up' on a price low watch the CCI 20. Once it gets below -100 and especially below -200 a cross back up again often catches a low point. No guarantee but if there is one indicator to keep a close eye on that would be it. And more so when the lower price low shows a 'higher' CCI 20 low which is a positive divergence. And at price highs you often see the reverse of this with this indicator showing a lower high with higher price high. Seeing a lot of that now but the lows are more reliable than the highs when signaling a price low is in but at CCI 20 highs price can just track sideways with a minor pullback and then resume its uptrend again. Might just see a lot of that ahead as well. Keep in mind this is a U.S. presidential election year so should see a lot of money thrown around at most everything. And the most important thing to remember is "PRESERVATION OF CAPITAL IS JOB#1". Best to focus on keeping what you already have rather than over eagerly trying to make more of the stuff.