Sunday, June 22, 2014

Cash Again in M3.....6.22.14

This is getting be a bit of a yin yang signal but M3 is back to cash as of 30 minutes in on Friday as the short term ALERT stop has crossed to the downside.  As mentioned Thursday the XIV momentum was going to be difficult to sustain and Friday reversal may be a sign of more to come.
Meanwhile, M3 has booked some nice recent gains and we'll just wait for the next XIV vested signal to appear end of day before jumping back into the fray.