We're looking at an all clear for now as the VIX plunges and the major indices lurch forward.
So what could go wrong in 2017? Quite a few things as it turns out.
The current M11 market models...momentum and mean reversion .....indicate that the momentum paradigm is the current mode but a closer look at the 2 Day Alert in the mean reversion model suggests that momentum may be in danger as the mean reversion mode appears ready to kick in.
I've been running some studies over the holidays to demonstrate the value of the 2 Day Alert and tomorrow we'll look at just how valuable this little risk management tool may be to your bottom line.