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Monday, March 23, 2015

Update for Monday March 23, 2015 Premarket

As predicted the market has been going up with NASDA making new highs.  Russell 2000 and TNA are making new highs. DJI, SPY, NYA, DJT did not make new highs and We do not believe they will do that. A split market is not a strong market . Bi tech stocks are making new highs and CURE  which is 3X Healthcare stocks  also made new highs before people took profits. You shold also take profits with any new rally.
Market will consolidate here so that insiders can sell  and sell short near highs. Most stocks will not make new highs specially which did not make new highs. So be very very careful here.

We have been warning you about natural gas. It is  going much lower and DGAZ will go higher like our vNatural Gas Motif. Oil is also going below $40 per barrel soon. USO, ERX are going lower.

Interest rates for long term bonds are going lower because interest rates are so low that US interest rates cannot go up while we have negative interest rates in EUROPE

DJI


SPY

IWM





TNA


NYA


CURE




UVXY


VIX

GLD  Going Higher After some consolidation Here
 GDX   ETF for Gold Mining Stocks  Going Higher

NUGT   3X gold mining  Gave a buy signal
 SLV  Gave a Buy signal lasr Thursday  Will consolidate before the rally contnuing

USLV   3X Silver ETF   After consolidation  going Higher

XLE  going lower   Energy ETF

ERX  3X  Bull  for Energy Going lower


ERY
 DGAZ   inverse 3X Natural Gas  Going Higher


UGAZ



UNG  Natural Gas ETF  Going  to New lows

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