Monday Sept 2, 2013
As we had warned you that 5 steps down of the first leg have been completed on Friday.
So second leg up got started on Friday. Tomorrow it will accelerate upwards. Syrian attack clouds have been postponed but attack is still possible after Wednesday next week.
See charts for DJI, SPY & IWM
DJI
SPY
IWM
TNA 3X Bullish ETF for RUssell 2000. If you did not buy already, you can buy on Tuesday for a nice upward move toward previous highs.
Gold & Silver after making two week low lst night in Hongkong have rallied nicely today and the rally will continue tomorrow. You can buy Gold Mining Stock ETF NUGT and Silver ETF USLV
( both triple leveraged bullish ETFs) tomorrow. for a nice rally till next week. That will be the time to buy DUST ( the bearish 3X Gold mining ETF)
We will post here Gold & Silver charts tomorrow morning before the markets open in USA.
Here is very nice video that all those who are interested in Gold must watch. He believes that we have already completed the lows for this year for Gold around 1180. We are not so sure.. If Dollar keeps on going up, Gold can decline to new lows after the current rally is over by next week.
http://www.kitco.com/news/video/show/Chart-This/414/2013-08-30/Gold-Broke-Through-$1400-Whats-Next
This was posted on Aug 30 after the market closed in USA.
The following two charts of Gold & Silver reflect the values as of 5 AM PT Sept 3, 2013
GOLD
Silver
We have no Sell Signal on Gold or Silver. They both may go above the recent highs.
As we had warned you that 5 steps down of the first leg have been completed on Friday.
So second leg up got started on Friday. Tomorrow it will accelerate upwards. Syrian attack clouds have been postponed but attack is still possible after Wednesday next week.
See charts for DJI, SPY & IWM
DJI
SPY
Gold & Silver after making two week low lst night in Hongkong have rallied nicely today and the rally will continue tomorrow. You can buy Gold Mining Stock ETF NUGT and Silver ETF USLV
( both triple leveraged bullish ETFs) tomorrow. for a nice rally till next week. That will be the time to buy DUST ( the bearish 3X Gold mining ETF)
We will post here Gold & Silver charts tomorrow morning before the markets open in USA.
Here is very nice video that all those who are interested in Gold must watch. He believes that we have already completed the lows for this year for Gold around 1180. We are not so sure.. If Dollar keeps on going up, Gold can decline to new lows after the current rally is over by next week.
http://www.kitco.com/news/video/show/Chart-This/414/2013-08-30/Gold-Broke-Through-$1400-Whats-Next
This was posted on Aug 30 after the market closed in USA.
The following two charts of Gold & Silver reflect the values as of 5 AM PT Sept 3, 2013
GOLD
Silver
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