Major sell signals flashed in UDN, CPER, GDX, GDXJ, SIL, SILJ, SLV, AGQ, and PLTM. Profits were taken. Derivative gold has a tiny bit of headroom left, while silver does not have any. Nor does platinum. I sold NEM, as well, for a small profit, which did not generate a signal, but is not favorably buttressed by overall index price action.
I’m going to keep substantial powder dry for a future buying opportunity.
Note: Exogenous risk rises.