Inflation Higher, Deflation Lower

As of 7:55 a.m., EST, Senior Miners GDX are trading in the area of the dashed magenta line.
The prior two updates (here and here) targeted this area as a potential location for retrace and reversal (not advice, not a recommendation).
Toggling between the two charts, shows price action is actually in the middle of the (prior) target areas.
Other Markets the Same
Several other markets are in the same (retrace, up-thrust) position; specifically, XLF and XBI.
We’ll cover those in another update, if price action warrants.
Stay Tuned
Charts by StockCharts
Note: Posts on this site are for education purposes only. They provide one firm’s insight on the markets. Not investment advice. See additional disclaimer here.
The Danger Point®, trade mark: No. 6,505,279