We have not re-entered the iShares Russell 2000 ETF (NYSEARCA:IWM) as it did not immediately retrace its high.
Meanwhile, the Market Vectors Gold Miners ETF (NYSEARCA:GDX) looks to be re-asserting its down-trend.
Therefore: Initiated long Direxion Daily Gold Miners Bear 3X Shares ETF (NYSEARCA:DUST) with a stop at 23.38.
Chart by TeleChart
Disclosure: I am long DUST.