etfmsolutions: What...me worry?....06.11.15

Thursday, June 11, 2015

What...me worry?....06.11.15

So the markets kind of held together today but it sure wasn't what could be called a strong follow-through day. Tomorrow will be the test of yesterday's surge and its anybody's guess how that will shake out. Best idea is to be small. Our 3 day low model and M3 have reverted to cash while LM is still modestly long the SPY.
Of some concern is the status of the DJ Transports, which have now clearly broken below the 8600 level. While DIA and SPY prices have bounced off the March lows the transports have not followed suit. This is worrisome to say the least in the longer term and highlights the current critical juncture that faces SPY.
If we do get a Trap Door on Friday or Monday the next leg down could be painful.

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.