Tuesday, January 24, 2017

Ponzo Updates....01.24.17

This week's Ponzo forecasts match the outlooks from last week so no new changes of momentum for now. We did see a SPY surge on Turnaround Tuesday today and TLT fell accordingly confounding the signal posted yesterday.  It was a great day for delta neutral plays.
At this point the very near term is mixed but by the 2nd day of Feb we expect DOW to finally rip the 20K resistance....or tomorrow if the buy mood continues.