n
Goto http://www.CMPForYou.com;

Thursday, April 24, 2014

Rally Continues With New Highs in Dow Jones Transportation- Gold & Silver Continue to Go Down

April 24 Thursday

Market continues to move higher with DJI probably exceeding the previous highs and so  can SPY.The rally had the lowest volume in months. We consider this rally to be a fake rally and will get ready to take  short positions soon but not before we get a SELL signal. On April 16 we advised you to take profits in all short positions. (Since that time markets have moved up nicely.)And to go short in Gold stocks
Gold making new lows .

DJI
SPY
SPXL Continues to go higher 3 times SPY ETF Gave a Buy signal 5 days ago

SPXS   Continues to Go lower will make new lows
IWM  ETF for Russell 2000
TNA  continues to go higher on low volume. Will not make new highs

TZA  Continues to go lower
QQQ
SQQQ

TQQQ
GDX -  Gold Miners  Going Lower




GLD  Pre-Market Opening  Going down sharply
DUST   Continues to go higher -Pre- Market data


NUGT  Continues to go lower

0 comments :

Post a Comment

Powered by Blogger.