$HUI 350 Short Term Bounce in Gold Miners

$HUI gave a Sell signal on Wednesday 23 Jan 2013 with a move below 430.  Target move down fell below  the May 2012 low of 373, to hit a deeply over sold level of 337 last week. An over sold bounce back to 400 may be on the cards over the next 2-3 weeks. Medium term the Gold Miners are in danger of testing the 2008 low at 150 with the H&S weekly close below 390 from the Weekly High 625 in September 2011