Wednesday, December 28, 2016

Ponzo Updates vs Your Brain....12.28.16

This week's Ponzo updates are remarkably similar to the forecasts of the past 2 weeks.  Momentum remains positive in SPY and TLT and neutral in VIX.  Today's selling action may or may not be the start of the Santa Claus rally pushback and tomorrow's action will be very instructive.
Speaking of instructive, here's an interesting article to ponder as you formulate your trading plan.
Thanks to Jim K. for the nice note following today's pop in event I've been arguing for over the past couple of days based on multiple Mosaic signals.