"As a technician, I feel that there are few analysts that offer value for me, but you do. Your work on Gold ratios has helped my analysis greatly." --Jordan Roy-Byrne, CMT (The Daily Gold) 4.9.10

Friday, May 27, 2011

Daily view of HUI, per a subscriber's request...

Thought I'd pop it up here instead of email update.  I am an investor in the sector with only minor trading, so it really does not matter much to me.  But HUI has a bit of resistance @ the 50% retrace and strong resistance @ the 62%.  This, after bottoming at NFTRH's anticipated level of 500 or just above.  Now, the question is 'what kind of bottom was it?'

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