Friday May 16, 2014
After hitting a new high on Monday, SPY, DJI all gave a SELL signal yesterday while they completed five steps of the First leg Down. The Buy signal on IWM, TNA, GOOG on Monday was a one day affair that is over with new lows in Russell 2000 yesterday before a rally started from the lows. We expect rally towards Monday Highs starting today. DJT still has not given a SELL signal. Decline in Gold & Silver is continuing.
SPY
NASDAQ
IWM ETF for RUSSELL 2000
TNA Minor Rally coming . Sell after the rally is over if you have not sold already
TZA
GLD
GDX Gold Miners ETF
DUST
NUGT Going Lower
After hitting a new high on Monday, SPY, DJI all gave a SELL signal yesterday while they completed five steps of the First leg Down. The Buy signal on IWM, TNA, GOOG on Monday was a one day affair that is over with new lows in Russell 2000 yesterday before a rally started from the lows. We expect rally towards Monday Highs starting today. DJT still has not given a SELL signal. Decline in Gold & Silver is continuing.
GDX Gold Miners ETF
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