Friday, July 31, 2009

Gold stocks

I guess this is sort of a promo but then, it's a small price for readers to pay for a free blog. The two charts are 60 min. charts of the HUI that were sent out as part of email updates to subscribers on Monday and Wednesday, along with comprehensive analysis (and target) in the weekly time frame and general broad market analysis.

Huey has certainly held the lower support level has he not? Now, we did not only depend on a 60 minute chart, the weekly provided the stronger support platform with a moving average I have been watching for many weeks now. It kept NFTRH strong as was appropriate during this week's corrective activity. Now, what comes next? Plenty more tools and measurements to try to gain a leg up on that.