Let's start with BHP, one of the biggest miners on the planet, that shows a good example of where we are at in the bull market. Today the price action broke out with a gap above the top rail of an almost 5-month triangle consolidation pattern. A backtest to the top rail would come in around the 43.50 area.
Now let's look at a long-term weekly chart which shows some classic Chartology. We have discussed many times in the past when you see a small consolidation pattern form just below an important trendline, in this case, the neckline, and one above, that is usually a very bullish setup which BHP is now showing.