NFTRH; HUI

Traders be aware that HUI dropped below the 2008 low and is now above it again.  It is deeply over sold (weekly chart below) and prone to bounce at any time.  Sentiment is in the pits and if a reversal is going to happen, it should be soon.

If HUI gains strength today or closes above the 2008 low of 150.27 there could be a decent trade setting up, with a stop loss being a failure of the 2008 lows once again.  Resistance is noted at 188.

hui