NFTRH; HUI Daily & Weekly Charts
HUI continues to make good improvement by its daily chart, which means that the already constructive weekly chart is gaining the upper hand.
HUI continues to make good improvement by its daily chart, which means that the already constructive weekly chart is gaining the upper hand.
The market bounce is providing a potential opportunity for those who care to, to re-short. As you may know I covered a short on SPY on the recent decline and have been looking to re-enter it. The S&P 500 bounce target has been 1950 to 1960, but let’s refine the situation for the SPY.