The gold stock road map
It's a long and volatile road for the gold miners A daily chart snapshot of the current technical situation for the HUI Gold Bugs index shows a small Head &…
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October 6, 2022
NFTRH+; 2016?
One of the scenarios for a higher low on the HUI monthly chart is a dump and reversal similar to 2016. The other scenario, all within a positive risk/reward is…
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October 3, 2022
Oncoming gold stock bull
As the proper macro fundamentals for gold mining grind into place... The real price of gold, as represented on the chart below by gold in relation to commodities, is constructive…
September 30, 2022
NFTRH+; HUI’s progress
As part of this 9/27 update showing upside gaps in several markets, we included GDX. We also dialed in to GDX with a 30 min. chart, including it in the…
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September 30, 2022
NFTRH+; neckline taken out; here’s what Huey needs to do next
The bounce is on from the low of 180. We have potentials in play for HUI to have bottomed at 180 (measured target off of the little H&S pattern was…
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September 9, 2022
NFTRH+; unfinished business, T-bill/gold/miner correlations & risk/reward
Let's use a talkative chart to explore something interesting. First a couple qualifiers... We'll exclude a large part of the chart, which was the 2009-2015 ZIRP (zero interest rate policy)…
September 7, 2022
NFTRH+; positive divergence in this inter-market ratio [w/ edit]
[edit] take the RRG as a novelty. I think I just took the relative strength of a relative chart. Sorry about that. I just realized that RRG automatically measures any…
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September 6, 2022
NFTRH+; about that viable HUI target [w/ edit]
[edit] In the time it took to write this update the broad market turned red and I also notice that Treasury yields have backed off, so with respect to the…
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September 2, 2022
NFTRH+; a viable HUI target [w/ edit]
[edit] The scenario noted below obviously depends on HUI losing the neckline, which it is thus far holding as S/T support today. The target does not activate until/unless HUI takes…
August 29, 2022
Gold Bug survivors prepare to capitalize
It has been a classic washout in the gold stock sector, but if positioned correctly opportunity is setting up The 'macro' and sector fundamentals have been incomplete (details beyond the…
July 21, 2022
Huey’s cart of rocks headed downhill [w/ edit]
The HUI Gold Bugs index continues to sink [edit] I think it's worth adding that the risk vs. reward in quality gold miners is very positive now, regardless of price.…
July 20, 2022
NFTRH+; interesting weekly gold miner charts
As you know, the daily charts are in gross looking patterns, having failed to hold support. HUI has filled its '212 gap' and also has a gap way down at…
July 8, 2022
NFTRH+; nagging gap filled
The 'HUI 212' gap is filling today. Anything below 213 fills it and Huey's low today is 212.65. That's the good news. The gap is out of there. The not…
July 5, 2022
As inflation expectations continue to roll over, so do the gold miners
Who is surprised that the inflation bugs are selling gold stocks? Now a favored plan may be kicking into gear. That plan would see future buying from the miserable hands…
June 29, 2022