etfmsolutions: Low Volume Pop, but...03.30.15

Monday, March 30, 2015

Low Volume Pop, but...03.30.15

We got a solid move up today, breaking the month long pattern wherein SPY did not make 2 consecutive higher closes for 28 trading days....a situation not seen since 1960.
Volume was very thin and once again we are on alert for a bear trap. Internet chatter continues to focus on likely lousy earnings this time around based on the dollar's surge and the latest run of the Ponzo time machine is in fact tending in this direction.
Last week's Ponzo forecast was 63% negative, this week's forecast is 74% negative. Just something to keep in mind once earnings kick off.
Everything's fine until its not and then things can get ugly in a hurry.
This is still a tenuous market at best.

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.
Each Mosaic model is a unique blend of risk factors and must be treated accordingly.

TRENDX is a proprietary Mosaic market signal that blends volume, RSI, momentum and rate of change.

ETF Mosaic Solutions and the editors of Mosaic Solutions are neither an investment advisory service nor registered investment advisers or broker-dealers and do not purport to tell or suggest which securities or currencies readers should buy or sell for themselves.
This site and related software products are for research and educational purposes only, and nothing herein should be construed as an offer to buy or sell, or as a solicitation of an offer to buy or sell securities, or to provide individual investment advice.

Investing is risky and past performance, whether actual or tested, is no guarantee of future results.
Any quantitatively derived allocations referenced herein should only be starting points for conducting your own research.

You are responsible for your own trading decisions and resultant gains or losses. When in doubt, please seek professional guidance from a registered adviser who can respond to your personal needs and risk profile.