Yesterday’s thrust failed by a hair to surpass the 554.92 peak recorded on February 2, but bulls look capable of handling it, probably today or Monday. Regardless, a 567.31 rally target obtains for the near term, and a move to it became an odds-on bet when the HUI blasted out of the consolidation pattern highlighted in the chart. We’ll take the measure of buyers’ mettle again after we’ve seen how well they handle hidden resistance at 567.31.
