Our models continue in a HOLD mode as the differential between bonds and equities continues to narrow. Volume over the last 3 days in the equities markets has been about 50% the 20 day average as the various talking heads opine about the prospects for a continued bull run but our models continue on their slow steady climb as market conditions have worked in our favor.
Thursday we'll get back to the delta neutral model with some food for thought for my option trading subscribers...and I haven't neglected the Situations matrix....it should be active by next week.
Note the SPY TrendX at the right panel....keep in mind this is a momentum version of the SPY price chart so it doesn't actually mirror the peaks and dips in SPY price behavior. It's purpose is in helping to forecast likely changes in SPY trend, which is currently at a recent 3 month high.
Also note the convergence pattern of the TLT VIXEN chart. This is a strong bullish indicator although negative news surprises could reverse this situation in a flash.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
