The M3 SPY Trader went into a Short Term ALERT mode today having racked up some recent gains relative to the SPY. That XIV long status is now in jeopardy.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Wednesday, April 2, 2014
Time for a Pause?...4.2.14
Another up day although QQQ was in the red midday. Utilities (XLU)continue to fade while energy (XLE) picked up the pace once again and hit another new high. We're at a critical juncture here regarding volatility as prices have actually risen above momentum signal parity = technically overbought.
The M3 SPY Trader went into a Short Term ALERT mode today having racked up some recent gains relative to the SPY. That XIV long status is now in jeopardy.
The M3 SPY Trader went into a Short Term ALERT mode today having racked up some recent gains relative to the SPY. That XIV long status is now in jeopardy.
