February 13th, 2012
Published Daily

HUI – Gold Bugs Index (Last:476.61)

by Rick Ackerman on May 18, 2010 3:36 am GMT

Yesterday’s low came with 0.64 points of an important midpoint pivot I’d flagged, so we should pay close attention over the next day or two to determine whether it may have marked a crucial turn.  This would be confirmed by a print exceeding a look-to-the-left peak at 507.38 recorded on December 3, although a less ambitious benchmark at 493.87 can serve for now.



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