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…
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…
Excerpted from Notes From the Rabbit Hole #237: Young FrankenMarket Lives In failing to take a “healthy” correction to the equivalent of SPX 1350 to 1450 from the upside target…
There has been a lot of buzz in the gold community lately telling people to ignore TA; about how it will not work for you this time. My only answer…
First off, I'd like to recommend you read Doug Noland's most recent Credit Bubble Bulletin, Too Much Asset Inflation. In the opening segment Noland lays out the dynamics in play…
Precious Metals, Gold Stocks The HUI continues its lame - and I do mean lame - attempt to rally. I have changed my tack this week from holding my favored…
A subscriber asks if the HUI support parameter was still 270, and my answer is that it has moved up to around 274. The 60 minute chart explains: The lower…
Precious Metals - HUI Tedium, thy name is Huey. The parameter is clear; hold the lower line of the potential bear flag. If this happens, the first target remains 300.…
Gold Stocks Here is the updated chart from yesterday's update, which shows how HUI finished yesterday. It is still in a potential bear flag, but one which ultimately held to…