Thursday, May 14, 2015

Room to Move....05.14.15

A nice day for the bulls with the NYAD opening above 4 so we were essentially guaranteed a green day. The ergodics and ADX were in sync today, contrary to the past 3 days, and reflecting net buying in lieu of arbitrage flutter.  The daily TrendX suggests there's more upside potential left and the weekly Ponzo and ADX updates should be interesting.  The XIV was also in sync with SPY, again something of a technical improvement from the previous days this week.