Today's closing signal is back to vested as market volatility continues to slide with the VIX closing under 9 2 days in a row for the first time ever. We may see some risk selling tomorrow but contrary to the historical bias for Fridays' to be down days, the last couple months have seen bullish surges on more that 50% of Fridays. It's a new market.
Although the XIV signal is vested I would feel more confident if the TrendX and Fast ALERT were upslope in sync rather than divergent. Accordingly, I have scaled back 50% for tomorrow.
