The market is moving up and down which is typical of a market which is ready to go down after the insiders have sold near the top. The markets are totally manipulated and we may have seen the peak on Monday or DJI alone may try to make a new high. It is very easy to manipulate 30 stocks than 2000 stocks in Russell 2000.
Gold & Silver have finally broken through on the upside afetr consolidation for almost month. This rally should take Gold to highs above $1300. Is it the start of a big rally or we will see a new decline in leg 5 down cannot be determined. As long as NUGT remains above 15 day moving average, we will stay long.
UVXY can also go up after the stock market starts going down which may have started on Monday
GDP growth of only 0.2 % when they were expecting a gain of already reduced 1% shows how bad the economy is. This in spite of spending Trillions of Dollar printing money.
This decline may be bigger than you have seen in the last 15 years.
SPY
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