GDXJ resistance at 40.

Junior miners need a break above 40 to start the new leg up

Posco breakout

Breakout of multi-month triangle wedge

Further downside in USD likely

USD has broken to the downside of its downward wedge

GDX to uptrend or break support?

Gold 2001-present support and resistance levels

Note the increasing upward trajectory as well

Japan meltdown

Nuclear meltdown, tsunami and earthquake has collapsed the Nikkei by 18% in 3 days. Japan is currently undergoing a massive catastrophe in terms of human life and the economy.

Watching Posco

Currently watching Posco's strong wedge formation. A break from this 1 year + pattern should be significant