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.
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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
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.
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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