Update For Friday Feb 20, 2015

The market is moving up and down to distribute shares to retail investors near stock market highs. Volume is low and advance decline ratio is negative. Longer this distribution lasts, the worse the decline will be when it starts. We have no new SELL signal yet  but it is coming closer by the day.

SPY

DJI

IWM

TNA

GDX

GLD

NUGT

XLE

ERX

UVXY  Getting Ready to go up again.

DGAZ  Going Lower