I don’t have much time to blog today. However, take my word for it: GLD by violating March 17, 2015 closing lows has signaled a primary bear market today.
Thus, the entire precious metals universe (and their gold and silver miners ETFs) is in a bearish mode.
The primary trend for stocks remains bullish, albeit the set up for a primary bear market has been recently completed, as explained here.
The Dow Theorist