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Tuesday, May 19, 2015

Update For Tuesday May 19, 2015

DJI  & SPY made new highs and will make new highs again today. when the decline starts it will large.
DJT & Russell 2000 and  NASDAQ did not make new highs. In a way it is violation of DOW theory Buy signal. We cannot tell when the decline will start but we had much less momentum than we had on Friday.

Gold is consolidating but Silver keeps on moving up strongly. Gold will follow up soon. Oil stocks have started going down as expected as the oil glut continues
SPY
 DJI
 DJT
 Comp
 IWM
 ERX
 GLD
 NUGT
 SLV
 USLV
 DGAZ
 UVXY

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