![A chart of the unhedged gold stock index $HUI.X $GLD $GDX
Here is what Rambus had to say in a quick message to me this morning about this chart:
This is text book chart of fanlines on the hui. It could be put into a book explaining fanlines. Notice how each fanline breakout and then did the back test all the way up. They say after the 3rd fanline break: the trend is complete. We have 4 and each one prefect. Also notice the rising wedges; they are almost exactly the same size in time and price [and angles!]. Symmetry i wish i could understand it better and why it is so. I think it has to do how things went coming down or up that creates the symmetry as the same folks are reversing their positions opposite to what they did previously. Thats my best guess. We need a big strong day to breakout of our current bullish rising wedge. I told you, I have more looks to a stock or index then you can shake a stick at….but they all paint the big pattern. clues clues and more clues
Xiphos edit: Yes, footprints are everywhere….](http://25.media.tumblr.com/tumblr_ktza7pi97U1qzl1bro1_400.jpg)
A chart of the unhedged gold stock index $HUI.X $GLD $GDX
Here is what Rambus had to say in a quick message to me this morning about this chart:
This is text book chart of fanlines on the hui. It could be put into a book explaining fanlines. Notice how each fanline breakout and then did the back test all the way up. They say after the 3rd fanline break: the trend is complete. We have 4 and each one prefect. Also notice the rising wedges; they are almost exactly the same size in time and price [and angles!]. Symmetry i wish i could understand it better and why it is so. I think it has to do how things went coming down or up that creates the symmetry as the same folks are reversing their positions opposite to what they did previously. Thats my best guess. We need a big strong day to breakout of our current bullish rising wedge. I told you, I have more looks to a stock or index then you can shake a stick at….but they all paint the big pattern. clues clues and more clues
Xiphos edit: Yes, footprints are everywhere….
