Tuesday, January 12, 2016

SPY MoPonzo Update....01.12.16

This week's SPY Ponzo suggests more volatility to come and a slowly deteriorating market for the near term .  Note that the 2 lowest % error scenarios (yellow and orange) are also the strongest and the weakest mid term outlooks.
The dotted bars up there in the 200s shows where we were the last time we checked. Ouch!