The market has continued to go up specially NASDAQ based upon Apple alone and may be 9 other top stocks. The volume yesterday was the lowest for 2015.
DJI and SPY and Russell 2000 have not gone much above the highs made in December even though they all made new highs on low volume.
Euro zone accepted extension of debt to Greece for 4 months. Nothing got changed. The just kicked the can down stream
Ukraine currency is going down again to new lows. How long they will last? Nobody is coming to their help and Russian forces continue to move ignoring the Ceasefire.
Gold & Silver have been going down recently but there is a possibility that they may start going up again but we are not sure as they both are trading below 15 day moving averages.
Oil has been going down again and ready to give SELL signal again. Natural Gas has been going up because of an unexpected cold spell. This spell will be gone soon and then natural gas will go to new lows.
Russian market has started going down again.
DJI May have completed its rally or very close to doing so. NO SELL signal yet
SPY Going up because of Apple
We are printing here two charts from www.KingWorldNews.com. The economy is not as good as the Federal Reserve makes us believe with the median household continuing to decline.
NASDAQ is going up in an extension of the 3rd wave up. It should now be followed by 4th step down and then followed by 5th step up. It also going up because of big move in Apple
IWM
TNA
GLD
GDX It can go up again if it crosses the 15 day moving average
NUGT
UVXY 2 X volatility has not made new lows even though the market has made new highs.
It shows that UVXY will rise again
VIX has not made new lows in 2015
UNG Natural gas going up short term and then will go down to new lows
DGAZ going dow short term but will go to new highs soon
TLT is ready to go up again
XLE will go down again to new lows
XRE is going down again
DJI and SPY and Russell 2000 have not gone much above the highs made in December even though they all made new highs on low volume.
Euro zone accepted extension of debt to Greece for 4 months. Nothing got changed. The just kicked the can down stream
Ukraine currency is going down again to new lows. How long they will last? Nobody is coming to their help and Russian forces continue to move ignoring the Ceasefire.
Gold & Silver have been going down recently but there is a possibility that they may start going up again but we are not sure as they both are trading below 15 day moving averages.
Oil has been going down again and ready to give SELL signal again. Natural Gas has been going up because of an unexpected cold spell. This spell will be gone soon and then natural gas will go to new lows.
Russian market has started going down again.
DJI May have completed its rally or very close to doing so. NO SELL signal yet
We are printing here two charts from www.KingWorldNews.com. The economy is not as good as the Federal Reserve makes us believe with the median household continuing to decline.
NASDAQ is going up in an extension of the 3rd wave up. It should now be followed by 4th step down and then followed by 5th step up. It also going up because of big move in Apple
IWM
GDX It can go up again if it crosses the 15 day moving average
It shows that UVXY will rise again
XLE will go down again to new lows
XRE is going down again
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