July 29th, 2010
Published Daily

HUI – Gold Bugs Index (Last:430.12)

by Rick Ackerman on November 5, 2009 2:02 am GMT

We paused during yesterday’s tutorial session to appreciate the quiet strength in HUI’s hourly chart. Its recovery from Halloween’s lows has been quite persuasive, exceeding no fewer than three prior peaks with barely a pause. Once above mid-October’s highs near 459, a target at 488.79 would be in play.

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