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Dow Theory Update For April 22: No Change In Trends In The Markets

|Includes:DIA, GDX, GLD, IYT, SIL, SLV, SPDR S&P 500 Trust ETF (SPY)

Stocks and precious metals up

Today is going to be a short post in this Dow Theory blog.

Stocks

The SPY, Industrials and Transports closed up. The primary and secondary trend remains bullish.

Today's volume was lower than Friday's, which has a bearish connotation.

Gold and silver

GLD and SLV closed up. Too soon to call a change of trend. The primary and secondary trend remains bearish.

GDX and SIL closed up. The primary and secondary trend remains bearish.

Sincerely,

The Dow Theorist.

Stocks: SPY, DIA, IYT, GLD, SLV, GDX, SIL