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Monday, September 28, 2015

Update For Monday, Sept 28 Premarket

We have no change in our position of last Thursday.
Energy stocks are going lower. Friday DJI  was up . Most other indices were down. We will continue to go lower till we get new lows below Aug 24 lows. UVXY is continuing to go up . We became neutral on Natural Gas after it was up sharply on Thursday. We were right about that.
Gold   is consolidating as long s Gold does not go below $1080. NASDAQ was weak on Friday and will continue to remain weak.
NASDAQ, Russell 2000 and Dow Jones Transportation are leading the market down

















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