Comments: HUI now back at first resistance after the recent collapse. With a 40 point gain since the recent low, it might not be a bad idea to take some "profits" off the down move at this point, but I wouldn't recommend selling too much, because at 324 the HUI and gold stocks continue to be a buy, especially with these new USD liquidity infusions coming almost daily from the Fed. COT numbers have been very volatile lately (just like everything else), and this past Tuesday, the showed a very large reduction in Commercial Trader net short positions, which was a promising sign.
Comments: USDX sliced through its 20 and 50 day SMAs recently. Again, 80.00 to 80.50 is MAJOR support.
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