Monday Nov 4, 2013 6:30 AM
Stock market rally is still continuing though Russell 2000 has broken down and so are other small stock indices.
Charts
DJI
SPY
IWM is giving a Sell signal even though you will get another opportunity to SELL IWM after a rally
TZA also gave a BUY signal on Thursday but we expect a decline in it soon so that you will get another opportunity to BUY it.
GLD Gold ETF may go up as the 4th leg UP is not complete . If Gold goes below 1251, then Gold will start its 5th leg down. Right now it appears that Gold can go towards $1350 to $1400 or even higher.
SLV chart is like GLD chart
Stock market rally is still continuing though Russell 2000 has broken down and so are other small stock indices.
Charts
DJI
GLD Gold ETF may go up as the 4th leg UP is not complete . If Gold goes below 1251, then Gold will start its 5th leg down. Right now it appears that Gold can go towards $1350 to $1400 or even higher.
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