Monday, August 25, 2014

SPY 200... FINALLY!!....8.25.14

Well, there it is....SPY 200...and holding.  Yeah, it was weak volume but,as mentioned previously with Labor Day approaching and everyone apparently in the mood to party we can expect low volume for the rest of the week and a probability skew to the upside despite the uber overbought nature of the markets.
M3 continues to keep us on the right side of the action but keep an eye on the posted money management stops for XIV and SPY if things do get dicey.  For now the dashboard is all green....first time in a while.