etfmsolutions: Back In the Channel....08.03.16

Wednesday, August 3, 2016

Back In the Channel....08.03.16

Here we are back in the channel. If that was supposed to be a breakout it didn't go very far and the action is actually comforting for the bulls. The 130 minute bar charts are shown for SPY and VIX below and they are in sync although the RSI2 readings are contrarian..
On a different note...here's 72 million reasons NOT to EVER get involved in Bitcoin...likely one of the biggest money laundering scams in recent years and an apparent hackers paradise if they get your account info (also highly likely).
On a more positive note the Mosaic delta neutral model (DN) has a new look and stop features and will be available on the M3 website this weekend. M3 users can already covert the platform to a DN format with a few keystrokes but this is an enhanced model for traders who are serious about delta neutral....which is, hands down, my favorite strategy..

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.

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