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Tuesday, October 28, 2014

Waiting For The Federal Reserve

Pre Market Oct 28  Tuesday
The markets will wait for Fed's announcement to end QE. This gives Yellen to boost the stock market one last time before the November Elections.
Here are two more examples of weak foundations for the market.


Twitter
Facebok  On 28Th Oct



It is easy to manipulate DJI ( 30 stocks) and QQQ (100 stocks) to move above yesterday's highs.
After the rally  today and tomorrow we expect a bigger decline than we have had in the month of September and  first half of October. Energy stocks went down sharply yesterday and they will go down more after this two day rally is over.

If you look at New York Stock Exchange Composite Index , the recent rally has been quite tame and a bigger decline lies ahead after the next two days.
NYA  Has gone up less than 61.8% of the total decline. A more severe decline lies just ahead after two day rally.


DJI
SPY
QQQ  Going Back to September Highs


CURE Health related 3X ETF  rose the most  % wise in the current rally
IWM
TNA
TZA  Will rally after two days
XLE  Has started the decline



ERX  3X energy Bull  Going down sharply after 2 day rally

ERY
TLT  Was manipulated a week ago
DGAZ  3 X bear has been going up nicely
GDX Ready to give Sell signal
NUGT  Ready to give SELL signal
DUST  Ready to give BUY signal


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