"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

Thursday, August 18, 2011

HUI vs. SPX

AKA relative strength and relative weakness.  There is so much more going on technically with the nominal HUI (and all the sub-indicators used in NFTRH) that I would like to go on about.  But in the words of the Red Hot Chili Peppers, I just can't give it away... give it away... give it away now.

So for the blog's purposes, let's just realize that there is a relative strength play going on here.  It should provide a good hint for down the road.


















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