Day: February 28, 2013

NFTRH Interim Updates

NFTRH Interim Update 2.28.13, HUI in Log Scale

Do not take this the wrong way.  I am plenty beared up at the moment, at least for a hard test of the low 300’s per current analysis; and potentially for much lower levels. I do not use log scale charts because I prefer the reality of the picture that linear charts show, which are actual increases and decreases, not percentage adjusted illusions.  But many … Continue reading NFTRH Interim Update 2.28.13, HUI in Log Scale

Gary
NFTRH Interim Updates

NFTRH Interim Update 2.28.13, Quick Market Review

The daily chart of HUI is about as bearish as you can get.  Recall that we had noted previously that it was concerning that the HUI daily chart was not particularly over sold.  The index then plunged and over sold is what it became. But the lack of follow through then manifested in a lame looking Bear Flag, which is breaking down today.  This could … Continue reading NFTRH Interim Update 2.28.13, Quick Market Review

Gary