NFTRH Interim Update 4.9.13, HUI

Well, that was a perfectly useless parameter.  I am talking about the HUI 325 level using a 10 min. chart.  I apologize for this whipsaw type of management, as this is exactly why I ask people who are not short-term traders to consider tuning such updates out.

HUI closed below 325 yesterday and is making a delayed upside follow through move this morning.  We should note however, that Huey is still in a consolidation off of the potential bottom from last week.

hui
HUI daily, click for full size

So the bottom potential is obviously still in play and nothing has changed other than the 325 caution I highlighted ended up being useless noise.