Thursday, February 26, 2015

Mixed Signals...02.26.15

The SPY TrendX is rolling over (right side panel) but the SPY/UPRO/XIV alignment (lower chart) remains in tact.  The markets are technically oversold and have been for several days.  It;s unclear what the impetus might be for further gains at these levels but the markets never fail to surprise so we just need to follow the risk plan and play small for now.  We had a new signal on LM at the close.