Tuesday Jan 28 at 6:30 AM Pacific Time
In the USA, markets have completed ( or will do so today or tomorrow) 5 steps of the First leg Down. We will start the second leg Up today or tomorrow. This can go back to previous highs in the next few days before bigger decline starts again. It also depends on what the Fed does tomorrow.Let the charts tell the story:
DJI
SPY
Nasdaq
QQQ
IWM Russell 2000 ETF
TZA : Take profits . You have 15% profit
TNA Ready to rally to below previous highs today or tomorrow
GLD Ready to rally again
GDX Gold Miners Ready to rally again
NUGT Ready to rally again
DUST Going Lower No Buy signal yet
HUI precious metal stocks going higher
SLV is giving a Sell signal . Wait for a rally before selling it.
USLV Giving a Sell signal. Wait for rally in Silver before selling this.
You can see why we do not recommend individual stocks.Apple had a bad earnings report and it is down by more than $42 per share.
In the USA, markets have completed ( or will do so today or tomorrow) 5 steps of the First leg Down. We will start the second leg Up today or tomorrow. This can go back to previous highs in the next few days before bigger decline starts again. It also depends on what the Fed does tomorrow.Let the charts tell the story:
DJI
SPY
QQQ
GLD Ready to rally again
GDX Gold Miners Ready to rally again
DUST Going Lower No Buy signal yet
USLV Giving a Sell signal. Wait for rally in Silver before selling this.
You can see why we do not recommend individual stocks.Apple had a bad earnings report and it is down by more than $42 per share.
Posts
0 comments :
Post a Comment