2bigbrowndogs

GDX - Looking for a short term bearish opportunity.

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AMEX:GDX   VanEck Gold Miners ETF
4
While I really missed it at 21, there is a long legged doji on Friday, I am looking for a confirmation for a short term bearish play. GDX has been incredibly strong the last month and it is very overbought and the MACD is way high too. Watching for confirmation for a short term bounce down. Maybe get in around 19.50 and out at 17ish. There are a few small levels of support between those points. Thoughts?
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