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Tuesday, August 12, 2014

Countertrend Rally Continuing - Update Aug 12, 2014

Aug 12, 2014  Tuesday  6 AM  PT
As outlined in our last post, US markets after completing 5 steps down in First leg down on Friday morning, have been going through a minor rally in  leg  Two up. This rally will go up in  ABC  steps- A up B down and then C up. We already completed A up yesterday  morning and  are going through B down .This will be followed by C up  soon. Then we will resume our down  trend after leg Two up  has been completed.
To see how we can get excellent results, we joined www.motifinvesting.com and created a motif based on our book.
See the results since Jan 18, 2014 since we joined them

https://trader.motifinvesting.com/motifs/bull-or-bear-U6ojpoGJ#/performance

Same thing has been happening in  Japanese NIkkei and European stocks.
 Gold continues in its up move.
DJI
SPY
IWM
TNA
TZA
GLD
GDX
NUGT
DUST

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