Monday July 28 6:05 AM
Even though market is near highs, its internals are weak. Last Friday, DJI moved below its 15 day moving average giving a near term SELL signal. Russell 2000 remains the weakest index.SPX & NASDAQ have not given SELL signals. This may happen this week.
GOLD is having an abc rally and may reach the recent highs after which a big decline to new lows is possible.
DJI
SPY
IWM
TNA
TZA
GLD
GDX
NUGT
DUST
Even though market is near highs, its internals are weak. Last Friday, DJI moved below its 15 day moving average giving a near term SELL signal. Russell 2000 remains the weakest index.SPX & NASDAQ have not given SELL signals. This may happen this week.
GOLD is having an abc rally and may reach the recent highs after which a big decline to new lows is possible.
DJI
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