Earlier we noted that HUI was still in an AROON downtrend, which is how it closed.  But today did the trick in bringing more than a handful of what can be considered leaders to daily AROON up status, joining AG and PVG, which we have been using as early mover examples. The first step to a ‘buy the pullbacks’ regimen should be the establishment of … Continue reading NFTRH Update 7.23.13, Leading Gold & Silver Stocks in AROON Uptrends

Well, we are certainly getting the follow on momentum we wanted to see.  More and more weekly MACD’s are triggering up, following our leader examples, AG and PVG.  In fact PVG’s weekly TRIX has also triggered.  Good stuff. Daily HUI is firming the break above the 50 day averages and there is obviously something more to this rally than any attempt made so far since … Continue reading NFTRH Update 7.23.13, Next HUI Resistance Target

Please refer to this morning’s public blog post Precious Metals Must Make a Stronger Statement Still. The best thing happening in the precious metals in my opinion is the HUI’s leadership over the metals and the next best thing is that the ‘real’ price made a lunge upward yesterday. The Gold-CCI (commodity) ratio broke upward to the top of a downtrend channel after a positive … Continue reading NFTRH Update 7.23.13, Precious Metals