Thursday, November 17, 2011

HUI bounces at EMA(45)



EMA(45) or so is a nice place to bounce, going by past history, and $HUI did so this morning.

So does it go lower? I wonder.

RSI(8) fell below 50 and MACD is triggering down, so maybe the $HUI will indeed go lower from here.

Should I add to my HGD (double short gold miners) position? Or buy some HZD, double short silver? I'll leave the rest of the money in cash for now.
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