Not all hands were on deck for the SPY's push to 200 so we'll have to postpone the celebration for a day or two but the 200 mark seems a distinct probability. With light trading volume expected next week ahead of Labor Day it will be easier for market makers to drive momentum so we just need to be alert to the direction of the push. For now M3 is still liking XIV but we're ready to hit the exit door if things turnaround.
There's a
new look for M3 and a few changes to the algorithms that were developed last week during the independent testing.
At the bottom of this post the 2 year performance metrics and chart have been attached. Subscriptions will go live Sept 1st but in the meantime ther free daily pre-close updates will be posted at the LOGIN tab.
