Below are charts of GLD and SPY. SPY made a new multi-month low today at 133.78, a level not seen since January. GLD, currently trading at 150.59, continues to sell off and is approaching the 12/29/2011 low of 148.27. I've been watching GLD and GLD/SPY since March 1, and they are starting to look interesting again. I'll continue to post on this.