Just a Quick Note on the HUI.
posted Jul 19, 2006 at 02:13AM
No chart but today the HUI touched and then bounced off 38% fib support. As well, one could argue that it has completed an a-b-c correction. If that is the case then the HUI should start heading back up forthwith. The working count on the HUI gets a big boost of confidence if it moves back over 353 this week. If it goes down below 309 ... the 50% Fib support level then the count is and was rubbish.