Tuesday, February 28, 2017

TLT prospects...02.28.17

Following up on this weekend's VDX updates below are the current TLT VDX and Ponzo forecast.
What's new for this week's Ponzo forecast is a net neutral outlook for the next 18 weeks as opposed to the previous bullish slope forecast we've seen for the last month. That scenario may be supported by what appears to be a triple top in the Price/Volume VDX chart as TLT has now hit near term upper resistance levels with an OVERBOUGHT status.