etfmsolutions: PONZO Updates and Trader's Outlook....10.09.17

Monday, October 9, 2017

PONZO Updates and Trader's Outlook....10.09.17

Following last week's surge in SPY the new Ponzo forecast has reverted back to a bullish skew, improving modestly on last week's bearish outlook.
QQQ is an almost dead on repeat of last week's bullish outlook.
TLT has settled into a slightly bearish channel and the 124/125 butterfly still looks like a good bet.
Trader's Outlook is bullish for the week based on strong economic data and expectations for good earnings reports, which kick off this week.

Commentary and Updates

Mosaic Solutions commentary is typically published daily as time permits and market action warrants.
Posts feature Mosaic model updates including delta neutral stops, VIXEN directional trades and PONZO forecasts.

NOTE: Posted risk exposure indicators, signals and metrics apply to Mosaic models only. They are not directly correlated with price movement in the major market indices and can not be used to forecast directional changes in those instruments.
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TRENDX is a proprietary Mosaic market signal that blends volume, RSI, momentum and rate of change.

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