New Uptrend for Miners?

It’s still too early to tell, but it’s quite possible the miners have started a new uptrend, after having broken the severe downtrend they we experiencing. I’m posting the daily charts for GDXJ and SILJ below, but keep in mind these etfs still have not reached oversold technicals on the daily charts, that could take another few days of sideways to lower prices. However, if the miners don’t give up much of the recent gains, its a sign there are buyers of miners under the market, and not many sellers. This would indicate another strong move higher, once the mines turn up again. We added to FSM (Fortuna Silver) and the SILJ etf over the last few days, and will continue to add to those and stocks like CDE, HL, and PAAS when opportunities arise (into price pullbacks), maybe even this morning.