Dji and NASDAQ and Russell 2000 made new Highs yesterday but SPY, Dow Jones Transportation , Dj utilities and New York Composite index NYA did not make a new highs. This divergence in the market clearly shows that we have a fake rally going on in which most stocks are not participating.
Greece and Ukraine problems have not been solved and Dollar keeps on making new highs. It will hurt our exporters big time. We do not have a SELL signal but it can happen any time we move below the 15 day moving averages.
Natural gas has resumed its down trend and our Motif for Naural Gas will keep on going up as warmer weather appears. DGAZ which is 3X inverse ETF will go back to its recent highs.
We are uncertain about the direction of Gold and Silver markets. Oil related stocks have resumed their down trend.
DJI
SPY
DJ Transportation
IWM
TNA
GDX
NUGT
XLE
ERY going UP
RUSS
DGAZ
UVXY
Greece and Ukraine problems have not been solved and Dollar keeps on making new highs. It will hurt our exporters big time. We do not have a SELL signal but it can happen any time we move below the 15 day moving averages.
Natural gas has resumed its down trend and our Motif for Naural Gas will keep on going up as warmer weather appears. DGAZ which is 3X inverse ETF will go back to its recent highs.
We are uncertain about the direction of Gold and Silver markets. Oil related stocks have resumed their down trend.
DJI
SPY
IWM
TNA
GDX
RUSS
DGAZ
UVXY
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