Loading ...This Is The Important Bit…
An ‘around the apex’ move on the HUI. Historically these have proven to be the start of multi month (or longer) strong moves to the upside.
Just about to cross the apex. Will it close above it ?
EDIT – RSI, MACD and SLOW STO are all looking like they’ve turned up and are bullish.
There is no apex on this chart Northstar
But yes there are many of these moves throughout PM Land
Sorry. Wrong terminology (I’m not really a chartist). I just meant a sudden move around the point where the 50wma and 200wma have crossed. There are so many lines you can draw on this one using fans, curves, fib levels etc. I guess the main point is that we are starting to cross above some important levels. Reality sinking in after the Trump ‘euphoria’ ?