Intermediate and Long-term traders should continue to hold short positions in this index.
————-
Monthly Trade Triangles for Long-Term Trends = Negative
Weekly Trade Triangles for Intermediate Term Trends = Negative
Daily Trade Triangles for Short-Term Trends = Negative
Combined Strength of Trend Score = – 90
————-
Suggested S&P 500 Trading Instruments:
Non Leveraged ETF's: (Long SPY) (Short SH)
2 x Leveraged ETF's: (Long SSO)(Short SDS)
Futures: Contracts are available to trade this market. Contact your broker
Options: Options Contracts are available to trade this market.Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.
————-
SILVER (SPOT)
————-
The spot silver market, which made a low on September 26th around $26 an ounce, continues to move sideways with little direction. If we see the close this week below $29.60 it will represent a new low close for silver and a push down to our target zone of $20.00 an ounce. As always we will rely on our Trade Triangle technology to keep us on the right side of the trends. Traders who are following our Trade Triangle Technology should be short this market with appropriate stops.
————-
Monthly Trade Triangles for Long-Term Trends = Negative
Weekly Trade Triangles for Intermediate Term Trend = Negative
Daily Trade Triangles for Short-Term Trends = Negative
Combined Strength of Trend Score = – 100
————-
Suggested SILVER Trading Instruments:
Non Leveraged ETF's: (Long SLV) (Short the ETF SLV)
Leveraged ETF's: (Long AGQ) (Short ZSL)
Futures: Contracts are available to trade this market. Contact your broker
Options: Options Contracts are available to trade this market.Contact your broker
WARNING: Liquidity is some ETFs is very thin. Contact your broker for more information.

————-

HERE'S THE FASTEST, EASIEST WAY TO IMPROVE YOUR TRADING

I would like you to ask yourself this question, IS PERSONAL COACHING RIGHT FOR ME?

Give us a call today at 877–219–1482 for a free consultation and see if personal coaching is right for you.

But first, view my personal invitation to you about our one-on-one coaching:
GOLD (SPOT)
————-
Like the silver market, gold continues to move sideways and lacks any real direction. One difference between gold and silver at this point, is the monthly Trade Triangle for gold is positive and the monthly Trade Triangle for silver is negative. A potential play could be buy gold and short silver. I think most traders would be better off just watching from the sidelines until the volatility subsides. Only long-term traders should maintain long positions with the appropriate money management stops in place.
————-
Monthly Trade Triangles for Long-Term Trends = Positive
Weekly Trade Triangles for Intermediate Term Trends = Negative
Daily Trade Triangles for Short-Term Trends = Positive
Combined Strength of Trend Score = – 55
————-
Suggested GOLD Trading Instruments:
Non Leveraged ETF's: (Long GLD) (Short the ETF GLD)
Leveraged ETF's:(Long UGL) (Short GLL)
Futures: Contracts are available to trade this market. Contact your broker
Options: Options Contracts are available to trade this market.Contact your broker
WARNING: Liquidity is some ETFs is very thin.