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Monday, September 9, 2013

Rally in Stocks , Gold & Silver To Continue

Sept 9, 2013 6:35 AM PT

As we had mentioned in Friday's blog posting the rally will continue with more intensity. On Friday from a low of -144, it closed at a small decline. Same thing happened with SPY & IWM, TNA & NUGT
 Let us look at some of the charts :

DJI

SPY


IWM

TNA


You can see how the rally developed in TNA in the last 5 days. Note the heavy buying near the decline on Friday Sept 6, 2013


Silver ETF SLV is giving a BUY signal today.
Triple X Silver  ETF is also giving a BUY signal today

Gold miners ETF   GDX is getting ready to give a BUY signal


3X leveraged Gold miners index is also getting ready to give a BUY signal soon



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