HUI fast update for gamblers only
On Friday a gave a series of numbers to watch if the bulls could mount a short term rally based upon friday's low of 185.27. This am the bears breached the longstanding daily target of 185.03 pushing the HUI to a low of 184.91. I closed out my remaining short positions in the first five minutes of trading when the breach occurred. I am completely out of the market at the time of this posting.
I am posting a new set of numbers to watch on a very short term basis ie 30 minute bars. If there is a rally I will be watching the following price levels in the HUI: 189.47; 190.67; 191.75; 192.59; 194.02; 196.27; 198.58 and 199.96.
This is gamblers stuff, buyers beware. This not advice just my thoughts lets see if these numbers mean anything by the end of today.
"This am the bears breached the longstanding daily target of 185.03 pushing the HUI to a low of 184.91. I closed out my remaining short positions in the first five minutes of trading when the breach occurred. I am completely out of the market at the time of this posting." Good one @handofzara and thanks for sharing!
thanks for reading remember the pirates code "take what you can . . .give nothing back!"