Saturday, January 9, 2016

SPY &VIX VDX Updates + TLT Ponzo......01.09.16.

A quick look at the SPY and VIX VDX charts suggests its too late to go short but perhaps a bit early to go long with any enthusiasm even though we are currently sitting precisely on technical pivots.  
The TLT PONZO chart on the other hand presents an attractive risk/reward forecast with 4 of 5 best case fits distinctively bullish ....although there is that pesky purple line scenario to be wary of..