[isatrader]

The big miners have a similar look but the question is do they come back to just test the 10 sma (assuming they keep pulling back) or whether they come back to test the 30 ema roughly or even test the lower trendline. Isatrader may have some thoughts as knows much more than I do.

Personally, I think the thing to be aware of at the moment is the major market moves, as if there is a sharp down move, then the stocks that have had the most momentum recently tend to get hit very hard. As people are forced to liquidate positions that they might have wanted to hold, due to margin calls in their accounts. Which then has a knock on effect of driving stocks even lower. This is one of the reasons that down moves are much quicker. And also the momentum stocks attract the short term traders, and so they are less likely to hold the positions through a correction.

So what i'm saying is be aware of what the broad market is doing as well as gold and silver, as during the initial part of a pullback in the broad market. Everything tends to get hit. What you want to see is if the stocks you are watching recover quickly and hold up well under the market pressure. As then they might be a good position to consider buying as the market pressure subsides, and the weak holders have been flushed out.