Replies to post #4382 on MDA - Market Direction Analysis (MDA)

[ItsAllCyclical]

Augie, thanks for the responses. It started w/Slider basically calling for deep pullback (300 to $310 gold again) which caused me re-evaluate the charts again.

Others have classified the recent HUI trend as an ascending triangle which I don't see. I agree with your intrepretation a symmetrical triangle breakout at HUI 125.

Here's the ascending triangle version which I believe is drawn incorrectly. Let me know if you agree/disagree. Thanks.

http://www.siliconinvestor.com/stocktalk/msg.gsp?msgid=18462952