Silent, very interesting post on HUI. Thanks. Question: have you run an ICM on the stock indexes, eg SPX, RUT, or NYA? Curious to see what you might find. Thx.
The Hurst picture was telling in 2011 (see post I replied to). We did see a broad top form. The question now is whether this will be a consolidation holding the HUI 467 fib as support, or will there be a breakdown as described in the chart below.
Important support coming in for the HUI with the HUI 467 Fib and the 3:1 Gann fan from the 2000 lows. Failure to hold means a test of 2006 levels. HUI is ripe for major cycle lows.
Market Data 
Markets 
AI
