Market is in a Rally mode Near Term Except Gold & Silver

Posted on Wednesday , April 16 at 6:30 AM

I am back from my vacation.  We have had a nice decline since I went on my vacation. It is time to take profits in TZA and SQQQ as markets may have completed near term lows yesterday. After this rally is over we will have further declines . So please postpone any new short positions .

DJI

SPY

SPXL 3X SPY long  Can go to previous highs

SPXS  3X Spy Short. Can go to recent lows 

IWM  Rally coming

TZA Take profits 

TNA Ready for a Rally

QQQ  Ready for Rally

SQQQ  Take profits 

TQQQ 3X  QQQ Bull

GLD Ready to go down

GDX Gold Miners going down 

DUST   Gave a Buy Signal

NUGT Going Down Near Term