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Friday, May 15, 2015

Update for Friday May 15, 2015 Premarket

As we had warned you in our last post, DJI and SPY can make new highs. They will do so today to suck in last holdouts and then a very big decline is coming.

Gold an Silver have been moving up as predicted and  energy related stocks are going down. ERY gave a buy signal and ERX a SELL signal.
Gold and Silver will consolidate before rallying again. If the decline starts, UVXY will be the biggest gainer.
Yesterday the market went up on decreasing volume. Also while SPY & DJI are making new highs, DJT and Russell did not make new highs . Afracture market like this is a weak market
DJI
SPY
IWM
DJT
GLD
GDX
NUGT
USLV
UVXY
ERX
ERY
DGAZ

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