NFTRH Update 8.20.13, HUI Weekly on Verge of a Key Signal

Last year we managed a ‘W’ bottom by first observing a cross up by weekly MACD and then confirming it with weekly TRIX, which moves slower.  The TRIX triggered (black horizontal dotted line) just as the ‘W’ had finished forming.  Very quick additional gains then came about and HUI blew out a little short of the measured target amid QE hype and relentlessly bearish Silver … Continue reading NFTRH Update 8.20.13, HUI Weekly on Verge of a Key Signal

NFTRH Update 8.20.13, HUI Resistance & Support Parameters

HUI has dutifully stopped at our projected 280+ resistance area.  This was no great call because it always was going to at least hiccup there.  Now, we see where it finds support. The daily chart shows two support areas at or above which a healthy correction can find support prior to a new advance.  240 (+/-) is now the parameter point to what is healthy … Continue reading NFTRH Update 8.20.13, HUI Resistance & Support Parameters