NFTRH Update; HUI 30 Min, Daily Chart Analysis and Market Notes
It is debatable as to whether the sector has bottomed but what does not seem debatable is that there is so much less risk baked in now than there was…
It is debatable as to whether the sector has bottomed but what does not seem debatable is that there is so much less risk baked in now than there was…
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…
A quick one for traders and investors, alike. We talked about the potential for a bounce on HUI from the noted trend line in an update yesterday... "if Huey is…
A quick and simple visual on 2 of our primary markets of interest. SPX and the general US stock market are bouncing after dropping early. The market gapped down yesterday…
The gold sector has taken a good hit since the highs in July. That means there is fuel for a rally if the Fed rolls over as the Fed Futures…
A calming update amid jumpy financial markets... I want to put up a clear picture of HUI daily and use it as a potential road map, considering that things could…
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…
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…
A very simple update. HUI has been pounded down to the support area defined by the lateral cluster that was the May-June pattern, and has filled Gap #1, as expected. …
As often noted, we should all have decided whether we are an investor, trader or whatever other style of casino patron we are prior to the correction. I hesitate to…
Pardon the low posting volume. I am in NYC, having moved my first baby into her new dorm today. A very weird and sad experience. But a good one too. As…
Note: Squeezing in an update before heading out to NYC to move our daughter into school. See you on Friday if updates are warranted or on Sunday with NFTRH 410. …
A simple chart showing the silver-gold ratio (2nd panel) at the limit point it has reached during previous pullbacks. This fits well with HUI in the top panel as it…
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…