etfmsolutions: Ponzo Updates and Trader's Outlook.....09.16.17

Saturday, September 16, 2017

Ponzo Updates and Trader's Outlook.....09.16.17

Forecasts are looking bullish...in fact wildly so for both SPY and QQQ, while TLT has hunkered down back into the sweet spot of our longer term buying channel (butterflies and iron condors).
VIX (not shown) has once again settled back into the 10s and the bulk of current premiums reflect a miserable risk/reward ratio.
If you believe the markets are uber overbought at this point just wait a few months for a truly frothy top that exceeds virtually all expectations from top market gurus at the beginning of 2017.
Trader's Outlook is optimistically bullish.
Hey! What could go wrong?

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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