GLD is dealing with the SMA 50 after breaking the trend line and triggering MACD. Neutral, pending a climb and hold above the SMA 50 and MACD 0+ (green).
SLV is above the MA 50’s with only a 0+ MACD remaining for a bull signal.
GDX is neutral pending a rise above the SMA 50 and MACD 0+.
SIL is the same general status as GDX.
The Silver-Gold & HUI-Gold ratios remain neutral but Silver-Gold remains constructive for precious metals. With today looking like a down day, let’s watch to see what silver does in relation to gold. This ratio should hold up to avoid a warning.
DBC falls from neutral back to a bear signal.
SPY is over bought by its proximity above the 50 day MA’s. On a bull signal.
EZU remains strenuously over bought. On a bull signal.
EEM threatens a breakdown with violation of the extreme uptrend line and MACD trigger. Moving this one to neutral on its way to a bear signal.
Breakdown on big volume with MACD having degraded further and about to go red. FXI is neutral and on the verge of a bear signal (MACD 0-), pending support at the 200 day MA’s.