Sunday, December 25, 2016

VDX Updates as TLT Looks Interesting...12.25.17

This week's VDX are generally unremarkable in that last week's neutral momentum has been maintained and VDI+/- indicators continue on a low volatility path.  TLT is the most interesting of the bunch as it has failed to break the 117 support despite numerous attempts.... and then there's this item that may signal a buying opportunity...as long as the yield curve stays flat.  With recent chatter about 3 possible rate hikes in 2017 a flat yield curve that may not be sustainable and the blip in TLT may only be temporary,,,but for now it looks enticing.