Dow Theory Update for February 2: No primary bear market signaled yet, as the SPY refuses to confirm
Trends for gold, silver and their miners unchanged. US STOCKS The SPY, Industrials and Transports closed up. On Thursday, January 29, the Industrials violated their secondary reaction lows (which puts us very near to a primary bear market signal). On Friday 30, the Transports did so. However, lack of confirmation as the SPY has refused […]