Wednesday Sept 10 6:30 AM
We have been warning you about the decline for a few days now.The indices confirmed the decline by moving below the 15 Day moving averages. Russell 2000 is going down faster than other indices.
Any short term rally will be followed by much bigger decline.
Gold and Silver continue to move lower.You can take profits in GDX and NUGT as GDX has reached 200 day moving average. There is no BUY signal in GOLD yet.
DJI
SPY
IWM Leg (1) was completed on Aug 4 and Leg (2) was completed on Sept 2 and now we are in Leg (3) Down
TNA Going Lower
TZA Going Higher
GLD
GDX
NUGT No BUY signal yet
DUST
We have been warning you about the decline for a few days now.The indices confirmed the decline by moving below the 15 Day moving averages. Russell 2000 is going down faster than other indices.
Any short term rally will be followed by much bigger decline.
Gold and Silver continue to move lower.You can take profits in GDX and NUGT as GDX has reached 200 day moving average. There is no BUY signal in GOLD yet.
DJI
SPY
GDX
NUGT No BUY signal yet
Posts
0 comments :
Post a Comment