Lesson 2 on how to adjust the vertical axis of any chart was published earlier today.
The T6 bullish model continues to slot XLU as #1 resulting in a very minor improvement over the SPY on short term metrics. All bullish indicators....RSQ/Equity cross, P3 and P6 are negative..a condition that has persisted since 2.19.
I suggested yesterday that we were likely to see extra normal volatility until March 1, and so far that scenario has played out. We had a mini crash in yesterday's last 30 minutes, with a resultant backlash recovery at the open today. This strength does not appear to be holding (on sub normal volume) but caution and cash are attractive to my positioning right now.