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
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
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