NFTRH+; HUI on Plan
It's as simple as that. HUI is on a plan that includes if not favors a drop to the confluence of lateral support and the lower line of the downtrend…
It's as simple as that. HUI is on a plan that includes if not favors a drop to the confluence of lateral support and the lower line of the downtrend…
Chests were thumping and endorphins were releasing on Twitter, as if it were a done deal. Well, the deal is not done yet. But if we are going by the…
In true testament to the idea that a TA can make a chart say whatever she wants it to say, let's put aside for a moment the H&S pattern (ref.…
Another HUI micromanagement update. HUI daily is losing the pattern neckline in-day. It can hold the breakdown or it can head fake reverse back upward. I does not matter to…
With reference to yesterday's update showing a potential Head & Shoulders pattern on a weekly chart, let's dial in to the daily and marvel at how they don't make it…
[edit] We have been noting that some higher profile gold stocks have worse charts than a lot of the smaller ones. This is being reflected in HUI's pattern. Using KL…
I made an aside in NFTRH 638 that the market would probably bounce the precious metals to screw up my shorts. Well, it has and it is no big deal.…
Gold/SPX indicated the excess and the gold miners are correcting that excess In and around the August time frame we noted (in NFTRH) high risk to the gold miners because…
While the daily chart situation shown in the previous update is still the same, the 15 min. chart, which we viewed on Monday, is still working to try to mitigate…
[edit] To clear any confusion, Target #2 is the 260 +/- zone we've discussed for several months. Drawn in detail here, it is the noted support zone, biased to the…
Interesting snapshots of gold and silver below, opening 2021 in contrast to the bullish seasonal averages. I think we are shaping up opportunity here. Keep an eye on silver and…
A little micro management for anyone interested. The key line for HUI to hold is noted below. So far it is holding. A gap has been filled to the downside…
HUI +7.5% I had the best day of the whole year today! All one day of it. But seriously, I think it was better than any single day I had…
In NFTRH 636's Opening Notes we used the SPX portion of this chart to note... Then for good measure a flagging stock market wondrously rallied basically on the vapors of…