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Tuesday, January 7, 2014

After Going Down in five steps , Market is Ready to go up

After making record highs on Dec 31, 2013, the markets went down in  5 small steps and it is ready to go up with a good possibility, it will make a new high or at least reach the previous highs.

DJI
SPY
IWM
TNA is a BUY today for a short rally to previous highs
TZA is not a BUY yet. It will make a new low soon
GLD Gold is not a Sell yet
GDX    is a SELL today

NUGT  is a SELL even though it has not given a SELL signal


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