NFTRH Update, HUI
Boink, HUI just hit the bottom test. It's all in what it does from here now. A failure of 217 or a bounce off of it?
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October 8, 2013
Boink, HUI just hit the bottom test. It's all in what it does from here now. A failure of 217 or a bounce off of it?
The SLV-GLD ratio (SGR, upper) has been strong (a positive) but is at resistance defined by the 200 day moving averages. The HUI-Gold ratio (HGR, lower) just plain stinks, in…
GLD is below the trend line and the 50 day MA’s. MACD is triggered down and below zero. GLD is still on a bear signal.