Note that only TLT and GLD (gold) have upsloping VDI+ charts. Straddling the SPY may be strategy to consider looking out to the Aug 19 strikes. We'll look at some risk/reward scenarios of Monday.
Gundlach (who was right on the recent turn in Treasuries) has strong opinions on which way the break will go although his recommendation on gold doesn't really provide a large upside potential.
