As predicted , the market has been going down and DJI , SPX are below 50 day moving averages.
We will eventually go to Oct lows before any steady rally starts. Right now the market wants to go lower with rallies in between
Gold and silver are not acting well and Gold should go to$1131 with rallies in between.
As interest rates rise, utilities became the biggest loser last week. Energy stocks should continue to go lower.
SPY
DJI
IWM
TNA
GLD
GDX
NUGT
DUST
$DJT
USO
ERX
UVXY
SLV
USLV
TLT
We will eventually go to Oct lows before any steady rally starts. Right now the market wants to go lower with rallies in between
Gold and silver are not acting well and Gold should go to$1131 with rallies in between.
As interest rates rise, utilities became the biggest loser last week. Energy stocks should continue to go lower.
SPY
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