The markets finally rolled over in the last 3 days. TZA hd big gains inspite of DJI moving higher everyday. External news have only temporary effect on the markets. Gold has been falling on its own even though it should go higher because of unrest due to Russia. It should start going up soon , otherwise no chance of its going to new highs in the near term.
DJI
SPY Should go to new lows Below early Feb lows with rallies in between
IWM hasbeen behaving very nicely. When DJI goes up it does not follow iti. Today it fell down quite a bit
TZA As IWM goes down, TZA goes up 3 times as much. It has been going up nicely. It should go up to early Feb highs
DJI
SPY Should go to new lows Below early Feb lows with rallies in between
IWM hasbeen behaving very nicely. When DJI goes up it does not follow iti. Today it fell down quite a bit
TZA As IWM goes down, TZA goes up 3 times as much. It has been going up nicely. It should go up to early Feb highs
GLD
GDX Moving Down without any rest
NUGT
Falling 3 times faster than GDX
DUST Gave a buy signal 7 Business days ago.
We are taking a vacation for the next 3 weeks ot so. Our next blog will be published on April 16, 2014. Good luck to all of you in the mean time.
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