SMH. After this post, I go take a shower...and come back to annihilation. There is nobody that can convince me otherwise that this isn't the most manipulated sector in all of the market.
Look at the hourly. It's like they perfectly printed a shooting star in the first 30 minutes of the day (which is first candle on hourly)...to setup the pending slam right after. All the while completely altering techs and turning them from bullish to bearish within minutes.
I'd be remiss to point out that this all occurred while the Top 10 holdings in GDX still held at a positive net percentage higher too.
It's even more blatant when you look at the 5 minute...
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