Today's the first day of the new month and we're seeing green for now but many early green positions have turned negative and the NYAD is not behaving in an enthusiastic manner so caution is advised.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Tuesday, December 1, 2015
SPY Ponzo Update Looking BULLISH...12.01.15
This is a bit of a surprise but the latest SPY update is looking bullish for the first time in many weeks.. Of course things could get derailed in a heartbeat on bad news but the French terrorist strikes, the downing of the Russian jet, the ongoing advances of ISIS and the less than stellar earnings reports have done little to put a hamper on the current mood of muted enthusiasm....so, maybe the Ponzo's onto something.
Today's the first day of the new month and we're seeing green for now but many early green positions have turned negative and the NYAD is not behaving in an enthusiastic manner so caution is advised.
Today's the first day of the new month and we're seeing green for now but many early green positions have turned negative and the NYAD is not behaving in an enthusiastic manner so caution is advised.
