It seems that IWM is bouncing harder than SP500. Probably a feeling that small caps are safer than larger caps.

As for GDX, the PM sector is still under pressure and even if the MF is very negative, it is still far away from the oversold level. Patience is required here. There will be opportunities "down the road".


Pascal

PS: I updated the Canadian section, the Gold, ETF and Futures sections.

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