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Monday, February 10, 2014

Some Decline Followed By More Rally Coming

Feb 10, 2014  Monday
As predicted in our recent issues, the market has been going up strongly in the last 3 days.
DJI ans SPY will decline followed by a stronger rally soon. Nasdaq  and QQQ are likely to make new highs after some weakness today . Gold may be reaching for a new high . This may be a final upleg in the recent rally.
  We have had step A up of the current rally, it will be followed by Step B down and then followed by step C up soon.

DJI

SPY

IWM

TNA can go to previous highs after some weakness today

TZA we told you to take profits 3 days ago. It is going much lower after a rally today.
GLD
Going higher in a final Up move in recent rally
GDX
NUGT  Final Push up today
DUST  Heavy buying near the lows by insiders
COMP  Will make New Highs soon
QQQ

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