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bottaioli
Aug 8, 2017 6:29 AM

HUI Index Buy & Sell Signals on daily charts Long

NYSE ARCA GOLD BUGS INDEXNYSE

Description

Here a daily charts showing Buy & Sell signal based on CCI indicator (MA 200 as confirmation)
Comments
lantao517
good call mate, we made money :)
I love weekly chart, it's less tell lie than daily chart. CCI has brokenout the 29 area, and the impulsive major run starting from here now
it should last at least 4-5month like from Dec/2016 to Apr/2017, or better like from Dec/2015 to Jul/2016
what's your view on the bull length and depth of this time? thanks
lantao517
breaking out the weekly and monthly resistance, big move !!!! boom
bottaioli
@lantao517, the signal is OK for now...need a confirmation today and tomorrow
lantao517
@bottaioli, what signal will you use to make confirmation today and tomorrow
do you want CCI to back to test the effective of breakout level around 29, or weekly chart CCI to break 50 level, right?
lantao517
@bottaioli, Hi Bottaioli, definitely it's breaking out with strong momentum, however very short time it's oversold, do you expect some consolidation like 3%~5% to find support around breakingout zone?
lantao517
Hi bottaioli
Can we say HUI is breaking out? Global risk off is coming, maybe this is the final catalyst for Gold and especially for gold miner
lantao517
Hi bottaioli, do you have some update on HUI? is it really going to breakout or has already broken out to the upside?
Spot XAU still under 1300 key level which means huge resistance strength still there clearly.
Thank you
lantao517
bottaioli, can you update your chart, HUI might have really breakout, but I cannot see the change of CCI, could you update CCI?
thanks, or do you have some update on view/
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