Bears Running Wild Around The World

 Bears took over the markets as predicted. The decline is not over. 

Even our first leg is not over. We are in the third step of our  First leg down. Soon it will be followed by the 4th step up  which will be followed  by 5th step down. And then a nice rally  which will be followed by much bigger declines. 

The Nasdaq went down by 1.5% while S& P 500  cut 1.2%. Russell 2000  was down 2%. That is why we always buy TZA when the market is going down and TNA when markets are going up.

Gold Miners were the biggest winners and they are going higher.

 

SPY

SPXS  S& P Triple Bear Gave a Buy Signal yesterday

IWM Russell 2000 ETF

TZA  Going  Higher then lower in the 4th step.. 

TNA going Lower , then higher in 4th step

QQQ

SQQQ Triple Bear QQQ

GLD  Going higher

GDX Gold Miners

NUGT Going Higher In 3rd of the 5th Leg will be followed soon with a 4th step down

DUST Going Lower 3X Bear Gold

SLV going higher Silver ETF