Tuesday, March 14, 2017

Ponzo Updates...03.14.17

This week's Ponzo forecasts are uniformly negative for SPY for the next month wth improving prospects thereafter.  The VIX benchmark has risen into the 12s and the TLT forecast is showing lowered expectations for the 18 week duration.  TLT is currently managing to cling to the critical 117 level and tomorrow, March 15th, which has become the new Armageddon for market naysayers, may provide a strong go or no go  signal.