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Monday, August 18, 2014

UPDATE FOR AUG !8 , 2014

Friday Aug 18 6:15 AM PT

The markets were whipsawed Friday on news from Ukraine. Based upon today's Premarket Data , there is no SELL signal yet. The markets are opening near Friday's highs. Any decline below Tuesday's low will trigger a SELL signal. We do not expect new highs  except in NASDAQ and QQQ.
The Markets can reverse anytime . So be careful. No new buying at this time.

SILVER is giving a SELL signal but Gold is not giving  SELL signal till it also goes below $1280
DJI
SPY

IWM
TNA
TZA
GLD

GDX
NUGT

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