Chart of the Day: Miners at the last resistance zone

August 4, 2016 02:35 PM

Miners ($HUI) are in the process of breaking through the last resistance level at 280. Once this is cleared they have an unimpeded shot to 380.

About the Author

Gary Savage started SmartMoneyTracker in 2007 right before the bear market began, and called the top in Nov. 2007. Cycles and sentiment are his two primary analysis tools. In his teens, he was a national Judo champion. He was a national weightlifting champion at 26, and by 39 he was a world weightlifting champion and world record holder. An entrepeneur his entire life, he has multiple businesses in addition to SmartMoneyTracker.