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S&P 500 has created a series of higher lows and higher highs for the past 5-years! Some would define this as a bull market.
Gold Bugs Index (HUI) has created a series of lower highs and lower lows, for the past 5-years! Some would define this as a bear market.
Hey friends check this out; It appears the S&P is breaking 5-year support and the Gold Bugs index is breaking resistance, at the SAME TIME.
“Super Trends” coming to an end? The Power of the Patterns suggests that if these support/resistance lines get taken out, this could be a pretty big deal friends!!!
Full Disclosure…Premium Members are long Silver.