NFTRH Interim Update 3.27.13, HUI, etc.

I am not at the office today, so here is a quick mobile update.  With reference to yesterday’s update, here is a picture that is worth 1000 words.

HUI daily chart

A cut and dry picture as HUI tries to retake the trend line.  HUI should hold the recent lows and preferably get back above 355-358 or the weekly chart and its bearish implications would take over.

As a side note, I took a profit on the silver bear fund ZSL this morning and look forward to focusing more on broad markets, which to my view have a much worse risk vs. reward proposition.