Wednesday, March 18, 2015

Dow Theory Update for March 18: Primary and secondary trends unchanged in spite of today’s volatility





Another short Dow Theory update.

Today we saw fireworks in the markets.

US stocks, gold, silver and their miners ETFs closed strongly up.

However, when looked through Dow Theory glasses nothing has been accomplished, and no trend has been changed.

Therefore, the analysis I made here, remains unchanged.

Sincerely,
The Dow Theorist

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