Week in Review of HUI
Started by
ChartSmarts
, Apr 01 2005 09:23 AM
3 replies to this topic
#1
Posted 01 April 2005 - 09:23 AM
:yawn:
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#2
Posted 01 April 2005 - 12:37 PM
Hi Doug,
Miners have to start outperforming metals here in a big way. Downside risk in my mind is if HUI 195 is taken out, then HUI 170s comes into play. That would be the end of wave "C" in a large HUI contracting triangle IMO (waves D and E would still be needed).
cheers,
john
Miners have to start outperforming metals here in a big way. Downside risk in my mind is if HUI 195 is taken out, then HUI 170s comes into play. That would be the end of wave "C" in a large HUI contracting triangle IMO (waves D and E would still be needed).
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain
#3
Posted 01 April 2005 - 06:26 PM
HI john ...I have the $$ testing the 85.40 dxm5 .by wed.thur..gold 412...so if feb's low's do not hold ...next weeek,not good.and oil,just a matter of time
#4
Posted 04 April 2005 - 03:40 PM
Hi Lou,
I just saw your post. DXY can test 85.4 as you suggest. Gold is hunting for a test of $418 - 420 and if this breaks, your target is likely. I wonder what the miners will be doing with all this. Weakness should persist for metals this week.
cheers,
john
"By the Law of Periodical Repetition, everything which has happened once must happen again and again and again-and not capriciously, but at regular periods, and each thing in its own period, not another's, and each obeying its own law ..." - Mark Twain