Euro/HUI charts I'm no expert in EW, but this looks like it has another move down coming up. <img src=http://stockcharts.com/c-sc/sc?s=$XEU&p=D&yr=0&mn=6&dy=0&i=t06432815884&r=2337> Also HUI very much in no-man's land ST. Maybe we hit the top of the channel here, but for new money ST looks like a coin flip on risk/reward basis. <img src=http://stockcharts.com/c-sc/sc?s=$HUI&p=D&yr=0&mn=6&dy=0&i=p34228817780&a=78962334&r=6627> I think I'll be patient here and wait for some divergences to show up on the dailies.