Premarket Oct 2 Thursday
We have been warning you since Sept 2 when Russell 2000 and Nasdaq started their downward moves. DJI and SPX, SPY started their downward slide on Sept 19 after making all time new highs.
The markets are going much lower. Since we follow the trend, we do not worry about how far down the market is going to go or when will the decline stop. All we can say is that the decline will be huge.So we recommend that you close any long positions ASAP if any rally develops today and tomorrow based upon any news.
Any rally will be an ABC rally--- small A up, smaller B down and larger C up. and then a big decline.
We created a Motif called Bull or Bear in MotifInvesting.com based upon our E-book . We started this motif on Jan 18, 2014. We are not related to that company in any way. This motif has had a gain of more than 70% since its inception. ( see the chart above) This is in sharp contrast to most mutual funds which have not gained even 3% this year. Several investors have already invested in this motif.You can invest in this motif like in a mutual fund. You also get $100 back from them if you use our name as your referral source. We have 3 motifs there already and will start a gold related motif today.
Gold is completing 3rd step down of the 5th leg down. Our technical indicators are giving a short term BUY on Gold. A rally in step 4 should start soon but it will be followed by a bigger decline to new lows below $1180. Same is happening to Silver.
DJI
SPY
QQQ
TQQQ 3X bull
SQQQ 3 X bear It will go up when the market goes down
IWM Has gone below May lows as predicted. It will now go below Sept 2013 lows( See 2 Year chart below) It has gone 10% below March highs.
IWM 2 Year chart
TNA It has gone 30% below March highs
TZA Going Much higher
GLD Gold ETF If Gold goes below 1200, it is a SELL
GDX Gold Miners ETF Gold below 1200, it is a SELL
NUGT Gold Miners 3X Bull
DUST Gold Miners 3x Bear
TLT Bond ETF Going towards Aug Highs
TMV Bond 3X Bear
TMF 3 X Bond Bull ETF
UNG Natural Gas Fund
UGAZ Natural Gas 3X Bull
DGAZ Natural Gas 3 X Bear
We have been warning you since Sept 2 when Russell 2000 and Nasdaq started their downward moves. DJI and SPX, SPY started their downward slide on Sept 19 after making all time new highs.
The markets are going much lower. Since we follow the trend, we do not worry about how far down the market is going to go or when will the decline stop. All we can say is that the decline will be huge.So we recommend that you close any long positions ASAP if any rally develops today and tomorrow based upon any news.
Any rally will be an ABC rally--- small A up, smaller B down and larger C up. and then a big decline.
We created a Motif called Bull or Bear in MotifInvesting.com based upon our E-book . We started this motif on Jan 18, 2014. We are not related to that company in any way. This motif has had a gain of more than 70% since its inception. ( see the chart above) This is in sharp contrast to most mutual funds which have not gained even 3% this year. Several investors have already invested in this motif.You can invest in this motif like in a mutual fund. You also get $100 back from them if you use our name as your referral source. We have 3 motifs there already and will start a gold related motif today.
Gold is completing 3rd step down of the 5th leg down. Our technical indicators are giving a short term BUY on Gold. A rally in step 4 should start soon but it will be followed by a bigger decline to new lows below $1180. Same is happening to Silver.
DJI
TZA Going Much higher
DUST Gold Miners 3x Bear
TLT Bond ETF Going towards Aug Highs
UGAZ Natural Gas 3X Bull
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