***HUI chart, check out the candlestick from just now on Friday to the one on March 14th, note how both closed at roughly the half-way point of the large white candlestick which led to a top the next day...
Also as a compliment to my stance that it still has a healthy decline off of this top, keep in mind that the markets last topped out on March 7th, and the HUI was about 2 sessions behind, this time the HUI was 1 session behind the S&P 500 and the Nasdaq Composite, 2 sessions behind the Russell 2000 & a handful of sessions behind the Dow Jones Industrials if in fact the markets just topped out and so did the HUI...
I'll put the S&P 500 chart below the HUI chart here so you can compare... this basically magnifies the fact that the HUI still hasn't decoupled from the broader markets, and if history is to repeat itself, then the HUI will join the broader markets in any initial secular bear resumption... just like in 2000 off of the all-time high pivot...
*SK's reply to my post earlier, wanted to include it within this thread... #msg-7246619