Wednesday, May 21, 2014
  Buy Signal Confirmed on $SPY and $QQQ
  See the charts mentioned in this article here: http://stockcharts.com/public/1229503/tenpp
 A buy signal was generated on May 19th for SPY, DIA and QQQ using our proprietary market breadth trading algorithm. After meandering for the 20th, the signal was reconfirmed today on the 21st and we added to our open positions in TQQQ.
  IWM should also continue higher now, as market breadth is expanding.
 GDX bounced off support at around $23.27. GDX breadth is still weak and a breakdown (close) below $23.27 could easily cause a retest of December lows.
  Gold is ready for a bounce after establishing good support in the $1268-1277 area. First resistance is at $1309-1315 area.
  TLT is correcting after almost hitting my target of $115. It will likely bounce from here, but we may have seen the lowest interest rates for now.
  IYR is following TLT lower. It is also likely to bounce, but I doubt it will make new highs.
  XLU leadership may have ended. XLU breadth is contracting. I believe it will retest January lows and the 200 day moving
average.
  EEM broke out May 14th and is likely to continue higher.
  Oil has been very strong. Its coming upon resistance at $104.99
  Natural gas is bouncing off decent support in the $4.29 area. Resistance is at $4.57, then $4.85
  Bottom line: Riskier assests are experiencing a rebound.
  Open positions: TQQQ, NUGT