Bearish, we probably knew this already.
Weekly:
Once again this is quite bearish, a legitimate sell. Monthly!:
Once again, a legitimate sell
The quarterly I'd describe as a past buy, but now weekening. Keep in mind this is a quarter. It might drop for 3 more months before it changes the signal. Also watch the 3Q close to see if it falls below that line.
Yearly. This will be more useful than the SLV yearly.
I would describe this as a near sell, pending the close of the year.
Overall this index is epically bearish. I wish I didn't close my position on Friday. Maybe there will be a monday morning bounce and I can get back in!
An extra thought on the EEM, emerging market stocks. It's similar, except by the monthly, it's actually bullish, and massively so on the quarterly.
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