A 60 minute chart that does all the splainin' I could do here with a bunch of words. Reflect upon it and realize that panicked hot money is always punished for the greater health of the sector.The Fed not only blinked the other day, they flat out made in their pants. So too, it seems, did a world full of casino patrons who wanted 'proof' before taking a chance on gold stocks. The very gold stocks we got our proof on in October at a half price sale.
Wash, rinse...
This is a 60 minute chart remember. The daily chart is not nearly so stretched and this weekend in NFTRH we will begin to target the upside on both a daily and weekly basis, using the HUI as usual.
