END of Day Post on Friday June 27, 2014

The markets are not giving any clear cut SELL signal even though there is divergence between Nasdaq and DJI. Markets can go to recent highs and may even exceed them. Russell 2000 also has not moved below its 15 Day moving average.
 Gold and silver are resting before they resume the upward 4th leg rally.


DJI

SPY

IWM

TNA

TZA

GLD Gave a Buy Signal on June 10

GDX

NUGT Gave a Buy signal on June 10

DUST Gave a SELL signal on June 10

TLT  Long Term Bonds Not Given Sell Signal yet

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UPDATE Dated 6/18/2014

The market has been going up for the last 3 days but has not exceeded the recent highs established on June 9 , 2014. The direction of the market will be determined by Federal Reserve Meeting announcement today.  Markets can go back to recent highs and may exceed them.

DJI

SPY

QQQ

IWM

TNA

TZA

GLD

GDX  Gave a Buy Signal on June 11 and is going higher

NUGT  gave a Buy signal on June 11 and is going higher

DUST Gave a Sell signal on June 11 and is going Lower

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