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Tuesday, October 29, 2013

NO SELL signal on US markets Yet

Even though market is moving up on low volume there is no SELL signal yet. Gold  and Gold related stocks should continue to move up.
Here are charts from yesterday:
 DJI

SPY keeps on making new highs on low volume
IWM looks weak but no SELL signal yet

TZA can make new Lows . Do not BUY yet

Japanse Nikkei & Shanghai markets have given SELL signals already  

HongKong Market also gave a SELL signal


 Dec GLD  Consolidating

GLD Gold ETF gone above 50 day moving Average

GDX ( Gold Miners ETF)

NUGT ( 3 X   Gold Miners ETF) Consolidating

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