We have no change in our position of last Thursday.
Energy stocks are going lower. Friday DJI was up . Most other indices were down. We will continue to go lower till we get new lows below Aug 24 lows. UVXY is continuing to go up . We became neutral on Natural Gas after it was up sharply on Thursday. We were right about that.
Gold is consolidating as long s Gold does not go below $1080. NASDAQ was weak on Friday and will continue to remain weak.
NASDAQ, Russell 2000 and Dow Jones Transportation are leading the market down
Energy stocks are going lower. Friday DJI was up . Most other indices were down. We will continue to go lower till we get new lows below Aug 24 lows. UVXY is continuing to go up . We became neutral on Natural Gas after it was up sharply on Thursday. We were right about that.
Gold is consolidating as long s Gold does not go below $1080. NASDAQ was weak on Friday and will continue to remain weak.
NASDAQ, Russell 2000 and Dow Jones Transportation are leading the market down
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