Gold and silver down.
Let’s begin with our Dow
Theory commentary for today in this blog.
The SPY closed down (a cent),
the Industrials up and the Transports down. A trendless day. The primary and
secondary trend is bullish.
Today’s volume was lower than
yesterday’s. Since overall it was a bearish day (albeit very muted) today’s
volume has a bullish implication. The overall pattern of volume remains
bullish. More information about my volume studies here.
Gold and silver closed down. The
primary and secondary trend remains bearish.
SIL and GDX (the silver and
gold miners ETF) closed down today. The primary trend is bullish and the
secondary trend is bearish.
Here you have the figures of
the markets I monitor for today:
Data for January 11, 2013 | |||
DOW THEORY PRIMARY TREND MONITOR SPY | |||
SPY | |||
Bull market started | 11/15/2012 | 135.7 | |
Bull market signaled | 01/02/2013 | 146.1 | |
Last close | 01/11/2013 | 147.1 | |
Current stop level: Bear mkt low | 135.7 | ||
Unrlzd gain % | Tot advance since start bull mkt | Max Pot Loss % | |
0.69% | 8.38% | 7.63% | |
DOW THEORY PRIMARY TREND MONITOR GOLD (GLD) | |||
GLD | |||
Bull market started | 05/16/2012 | 149.5 | |
Bull market signaled | 08/22/2012 | 160.5 | |
Exit December 20 | 12/20/2012 | 161.2 | |
Current stop level: Sec React low | 11/02/2012 | 162.6 | |
Realized Loss % | Tot advance since start bull mkt | ||
0.39% | 7.83% | ||
DOW THEORY PRIMARY TREND MONITOR SILVER (SLV) | |||
SLV | |||
Bull market started | 06/28/2012 | 25.63 | |
Bull market signaled | 08/22/2012 | 28.92 | |
Exit December 20 | 12/20/2012 | 29 | |
Current stop level: Sec React low | 11/02/2012 | 29.95 | |
Realized gain % | Tot advance since start bull mkt | ||
0.28% | 13.15% | ||
DOW THEORY PRIMARY TREND MONITOR ETF SIL | |||
SIL | |||
Bull market started | 07/24/2012 | 17.08 | |
Bull market signaled | 09/04/2012 | 21.83 | |
Last close | 01/11/2013 | 22.41 | |
Current stop level: Bear mkt low | 17.08 | ||
Unrlzd gain % | Tot advance since start bull mkt | Max Pot Loss % | |
2.66% | 31.21% | 27.81% | |
DOW THEORY PRIMARY TREND MONITOR ETF GDX | |||
GDX | |||
Bull market started | 05/16/2012 | 39.56 | |
Bull market signaled | 09/04/2012 | 47.77 | |
Last close | 01/11/2013 | 45.4 | |
Current stop level: Bear mkt low | 39.56 | ||
Unrlzd gain % | Tot advance since start bull mkt | Max Pot Loss % | |
-4.96% | 14.76% | 20.75% |
Sincerely,
The Dow Theorist
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