6:05 AM Pacific Time
Market is going up and down without giving any firm direction. DJI , DJT and SPX may go to recent highs or even exceed recent highs but it does not signal a strong market. In fact Russell 2000 has stayed below both 15 day and 50 day moving averages. A fractured market is a weak market and it can start going dow sharply anytime. The number of new highs has been going down steadily. A few stocks continue to make new highs but it does not show strength in the market.
Stocks in Europe showing some strength today but no buy signal yet.
DJI
TZA
GLD
NUGT No SELL signal yet but coming close
DUST NO BUY signal yet but coming close
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