The NEM Lead Indicator Has Turned Very Bearish Intraday
The NEM Lead Indicator has turned very bearish intraday, see http://finance.yahoo.com/q/ta?s=%5EXAU&t=1d&l=off&z=l&q=l&p=&a=&c=%5Ehui,nem. I'm looking to short GDX, the Gold Miners ETF, again.
See HUI's intraday chart at http://finance.yahoo.com/q/ta?s=%5EHUI&t=1d&l=on&z=l&q=c&p=&a=p12,fs,w14&c=. GDX closely tracks HUI, though it's based on a (slightly) different index (AMEX Gold Miners Index I think).
....... http://www.JoeFRocks.com/ .
HUI NEM XAU
See HUI's intraday chart at http://finance.yahoo.com/q/ta?s=%5EHUI&t=1d&l=on&z=l&q=c&p=&a=p12,fs,w14&c=. GDX closely tracks HUI, though it's based on a (slightly) different index (AMEX Gold Miners Index I think).
....... http://www.JoeFRocks.com/ .
HUI NEM XAU
Labels: Gold, Gold Stocks, HUI, NEM, Silver, Silver Stocks, XAU
posted by Joe Ferrazzano at
9:41 AM
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