Here is a closer view of HUI’s chart from this morning, for those who like visual reference. A clear break above the EMA 10 and broken red trend line would be needed to put the bull case back on. [Edit] 12:30 (PM) US ET: Here’s the current view by 2 hour chart. Today’s activity is enough for me to creep back in. I was able … Continue reading NFTRH Update 5.8.13, HUI Closer View

Market Leader Technical Targets A subscriber asked if I thought the Emerging Markets had broken out. My answer is yes and no. We’ll start with the chart of EEM and work our way into an update that shows some technical targets for various leaders to the US market. EEM has made a short term breakout only.  Beyond that, I am expecting it to top out … Continue reading NFTRH Update 5.8.13, Mid-Week Market Update w/ Technical Targets