As regular Slopers know, I've been touting my 2008/2011 $HUI analog quite a bit. I thought it would be interesting to show it in ProphetCharts without any price data.
I've augmented this graph with a trio of simple moving averages. The left arrow shows where we were in late July 2008, and the right arrow shows where we are right now, 37 months later.
From 37 months – if you add 3 and 7 together, you get 10, and if you in turn add 1 and 0 together, you get 1, a Fibonacci number. OK, OK, just kidding.
In any case, I think this is a fascinating parallel. Stay tuned.
