February 13th, 2012
Published Daily

HUI – Gold Bugs Index (Last:360.38)

by Rick Ackerman on July 24, 2009 1:03 am GMT

The Gold Bugs Index is stealing up on an important midpoint resistance at 368.43 that is tied to a 433.64 target. The so-far high has been 366.91, but let’s stipulate that HUI close for two consecutive weekly bars above the midpoint before we look for ways to step up the buying in this vehicle.



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