We have been having a short term rally from oversold conditions on Aug 12, 2015. The major decline is going to resume and it is your last chance to get out.

Oil is making new lows today again and energy stocks will continue to go lowr and precious metals will go up with declines in between. Natural Gas continues to go down and our DGAZ keeps on going up.

All indices will start going down.

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After making a low on Wednesday Aug 12, the market has been going up on a temporary basis. This rally will be over soon and then the markets will start going down again around the world.

Oil is headed toward  a low in low thirties and Gold and Silver will continue to go up as the Chinese Yuan is manipulated to go even lower against the the US dollar. Indian rupees and other currencies around Asia will also go down to keep pace with decline in Chinese Yuan. US dollar just completed the 4th step down and now is headed to new highs in step 5 up.
No matter what the Central banks do the markets are going towards October lows.

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As predicted, the market has been making new lows. the recent decline is being attributed to devaluation of Chinese currency. We only look at technical indicators. Market is going even lower. Gold has been rising also as predicted and  energy related stocks are also going down. This trend will continue.

Look at the markets around the world

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The market has been going down as predicted in our last few posts. We have nothing new to say except we may have a bounce  from oversold conditions. This will not last long and decline will resume

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