GLD continues its death struggle with the neckline, is in a downtrend and remains on a bear signal.
SLV remains in a sharp downtrend and on a bear signal.
GDX failed the neckline and the June low, is in a downtrend and on a bear signal.
SIL failed the neckline, is in a hard downtrend and on a bear signal.
SLV-GLD and HUI-GLD are both broken down.
SPY vs. GLD continues to target 1.53 to 1.58.
DBC dropped back below the little neckline and remains neutral.
SPY is over bought and on a bull signal.
EZU is on the verge of a new MACD up trigger, is not over bought and is on a bull signal.
EEM is neutral below the 50 day moving averages, but could be forming a bullish flag.
FXI is on a bull signal and could be forming a bullish flag.
Notes
I am aware that the precious metals are positive this morning, but the Key ETFs are to mechanically tell us what the daily trends are. They are negative in the precious metals and varying shades of positive in the stock market.
