Today, the markets closed down and you can see that both the S&P and the Dow closed below the Kumo Cloud - a decidedly bearish signal. Breaking through the cloud either way is either a bearish or bullish sign - closing above the cloud represents a bullish one, below the cloud, a bearish one. Our markets continued their descent today giving yet another signal that we could see a continued decline. If you haven't bought some DXD yet, you might want to at least start adding a little, or at the very least taking whatever profits you have in stocks in which you are long.
I think that its worth noting here, that in the past 9 months, this is the first time we've closed below the Kumo cloud. I don't think that is a good harbinger..
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