In NFTRH, we have expected a "bounce" and Huey is finally doing just that; bouncing. But there are several parameters and milestones we are managing on daily, weekly and monthly…
HUI is torn, frayed and downright bearish. What's more, it's been bearish since it started to drop from the SMA 200 failure point. In NFTRH, we managed bounce #1 (off…
That's the limit folks. Ever since HUI and GDX failed to exceed the November highs we've been on pullback watch. What makes matters more complicated is that said pullback has…
While a laggard due to the sector's former need for a hard correction and the election's aftermath, the gold stock sector has recently broken out vs. the S&P 500 as…
Believe me gold stock sports fans, you'd rather have GDX drop to quickly to fill the opening gap than to quickly get too pumpy too soon after Friday's smack down. …
Last week we had a couple looks at the GDX daily situation, first quieting the hype about the "superb" GDX and its "bull wedge in play" and then updating its…
I'll not name the source because I have found that being a gold sector curmudgeon, frequently poking the gold "community" in the eye is a thankless and unrewarding vocation. If…
"Keep it simple stupid." I tell myself that all the time, and as I watch the various TA "top guns" (a term once hilariously coined by Jim Sinclair in reference…
Even in bull markets the corrections are brutal. That is because this is a relatively small sector subject to relatively large hype. When the gold sector gets sharp pullbacks the…
HUI had a best 'bounce' target of 250 to 265 (if this was to be only a bounce as originally projected) as we anticipated a positive reaction at the 220…
You know, during the bear market I did not do much public charting of gold stocks for obvious reasons (said bear market) and less obvious reasons (the pompom brigade was…
On September 1 we reviewed this chart in an NFTRH update projecting a gold sector bounce due to an over sold condition, a preponderance of gold bugs talking about an…
SPX daily is at the top trend line of what could be a wedge. Huey is in a robo trend up in a channel. SPX weekly shows the 1.5 year…
How many more gaps to go? The thing came within 1.89 of the general target (275). Today it's dropping to fill a momo gap. There could also be more momo…