GDXJ has settled into a tiresome dirge comparable to gold’s and looks vulnerable to a further fall to as low as D=31.62. First it will need to test the midpoint support at 33.44, which, because it closely coincides with some lows recorded in January, will take discernment to leverage. My suggestion is to use a 37-cent trigger interval to set up a ‘buy’ with equal potential.  As always, a decisive penetration of p=33.44 would portend more slippage to p2=32.53, at least.