February 13th, 2012
Published Daily

HUI – Gold Bugs Index (Last:448.63)

by Rick Ackerman on October 20, 2009 4:13 am GMT

The Gold Bugs Index signaled a rally to as high as 492.52 two weeks ago, but it seems content for the time being to lazily consolidate near that Hidden Pivot’s sibling midpoint, 441.99. If you’re looking for a camouflaged blastoff signal, I’d suggest using either of the two look-to-the-left peaks shown on the accompanying 3-minute chart.



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