From the previous update:  “If HUI can cross back over the 206.66 October [June] low, I’ll take even more note.” Okay, so I am taking note… Here we go again with another in-day reversal.  I continue to hammer on that any real rally will not care if positions were taken at 210 or above 230, where the 50 day averages reside.  So please, if you … Continue reading NFTRH Update, HUI Groundhog Day

I am tinkering around trying to see if I am comfortable with a more active trading opportunity aspect to the NFTRH service.  As such, I found a low risk situation in Palladium, which is an economically strategic mineral.  In other words, in my opinion it is a commodity posing as a semi-precious metal. For anyone who might be interested, PALL is working its way toward … Continue reading NFTRH Update, Palladium Opportunity & a Note on Precious Metals

As we have been noting, the daily chart of HUI has a target of 168, which would be a theoretical Head on an Inverted H&S.  Note the word theoretical, because the weekly chart still holds the nasty 100(ish) target from the 2010 – 2012 topping pattern and now a new one based on today’s lower low to the June low, which is to around 130. … Continue reading NFTRH Update, HUI @ New Lows & Targets