Manuel Blay's  Instablog

Manuel Blay
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Trader and investor. My trading is short-term based (avg trade duration 4-5 days). As investor I'm deeply influenced by Dow Theory
My blog:
Dow Theory Investment
  • Dow Theory Update For May 3: No Changes In Trends  0 comments
    May 3, 2013 3:19 PM | about stocks: SPY, DIA, IYT, GLD, SLV, SIL, GDX

    Today's Dow Theory commentary is being written some 45' minutes before the close.

    As far as I can see in the charts, there are no changes of trends.

    Therefore, the primary and secondary trend for stocks remains bullish.

    As to gold and silver, GLD and SLV, the primary trend is bearish and the secondary trend is BULLISH.

    GDX and SLV: The primary and secondary trend remains bearish.

    Have a nice weekend.


    The Dow Theorist

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