n
Goto http://www.CMPForYou.com;

Friday, October 25, 2013

Both Nikkei & Shanghai Markets gave SELL signals

Friday Oct 25, 2013 6:30 AM  PT

Shanghai & Nikkei both gave SELL signals. Also Emerging markets ETF EEM gave a SELL signal. Italian market also gave a SELL signal.
DJI  , SPY and IWM went up on low volume and did not exceed the previous highs. All these are early signs of a market that wants to go down. Gold and Silver are consolidating  near previous resistance before making new highs soon.

Shanghai After giving  SELL signal two days ago, made a lower low below September lows

NIKKEI   In spite of weakening yen against the US Dollar, the exports are not increasing . Federal Reserve should learn from this

Italian Market ready to give a SELL signal

DJI Going up on low Volume so that Big Money can Sell near TOP. Bullishness near highest level sin of a coming decline

SPY went up on very lo volume
IWM  Went up on low Volume
TNA

TZA  Sitting near lows
GLD   ( Gold ETF)Consolidating Near Overhead resistance Before going up again
SLV consolidating


GDX Gold Miners ETF
NUGT 9 3 X Gold Miners ETF - Consolidating Before Moving Up 


0 comments :

Post a Comment

Powered by Blogger.