As the hourly chart (see inset) shows, an upthrust exceeding 424.17 today would be just the thing to re-energize the so-far corrective rally from 363. HUI is already on track to hit 434.25, provided it doesn’t dip below 406.75 first and it can get past 420.50, the target’s midpoint sibling.  Please note as well that last week’s top occurred almost precisely at the halfway point of the decline  from January 11’s high.  This suggests that we should look for resistance at 432.51, the 0.618 line, in addition to the expected pullback from 434.25.