Friday Feb 14 2014 6:25 AM
As predicted , Nasdaq & QQQ made new highs yesterday on increasing volume. This cannot be said for DJI & DJT. Gold has broken through $1300 on increasing volume. This is specially true for Gold Mining Stocks which are moving sharply higher and should continue to do so in First leg up.
DJI
As predicted , Nasdaq & QQQ made new highs yesterday on increasing volume. This cannot be said for DJI & DJT. Gold has broken through $1300 on increasing volume. This is specially true for Gold Mining Stocks which are moving sharply higher and should continue to do so in First leg up.
DJI
SPY can go to recent highs before starting a decline.
IWM Going Up on heavy volume. Can rally to previous highs
TNA Went up sharply yesterday on heavy volume.
TZA Will go to new lows soon
GLD going up more
GDX for last 4 years After completing 5 legs down in Dec, GDX is moving up sharply
GDX latest Quotes included 6:35 AM Pac time. Even if Gold makes new lows as predicted by several analysts, GDX will not make a new low.
NUGT After 5 steps of the First leg up have been completed, we will go down in Second leg. We are in Step 3 of First Leg up because of heavy volume and sharp up move. Stay long
Gold Comex April Will hit Resistance Soon at $1325 Take profits around there.
SLV : Silver was not going up as fast as Gold . It is finally catching up with Gold. Stay Long
USLV After giving a Buy signal 7 days ago, It is moving up sharply. Stay Long
DSLV Making New lows
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