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Saturday, June 28, 2014

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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