GLD broke above the trend line and triggered MACD, which is still below zero. The bullish objective is to clear the (blue) 50 day moving averages and hold there. Still on a bear signal pending a move above the MA 50’s.
SLV has barely triggered MACD, which remains below zero. It is also below the downtrend line and the 50 day averages. Still on a bear signal pending a break of the trend line and the 50 day MA’s.
GDX has triggered the MACD, which remains below zero. Still on a bear signal pending trend line and 50 day MA’s.
SIL has the same general status as GDX.
DBC continues to look constructive to change to a bull trend. If the price holds above the 50 MA’s and MACD goes green (zero+) a bull signal would be indicated.
SPY remains on a bull signal, becoming over bought.
EZU remains on a bull signal and remains over bought.
EEM remains on a bull signal.
FXI remains on a bull signal although MACD remains triggered down. At this point this has merely cured the over bought condition. MACD needs to turn up soon to keep a bull signal in place.
