Daily Chart



Now trading below 200dma. Some potential bullish divergences. The 200 level is now short-term resistance and above that is the 200 dma. Both could be used as swing lines for aggressive short-term trading if that is your cup of tea right now.

Weekly Chart



The index reamins on IT sell mode. It is at major trend-line support with the stochastics bottomed out. Again the big concern is the relative underperformance with the USD which is nowhere close to topping out as in times past.

HUI/Gold Ratio



Remains in bear mode.