Best bets now are for some butterfly action although we are still id-earnings season so may be more prudent to wait a couple weeks before going too heavy...or simply scale it.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Sunday, April 28, 2019
PONZO Updates for SPY and QQQ....04.28.2019
The new PONZO updates reflect an almost neutral short term outlook for the broader market. The previous updates almost 6 weeks ago were dead on for PSY and QQQ but wrong for TLT which has shown considerable resilience in the face of the current bullish trend.....which is cautionary.
Best bets now are for some butterfly action although we are still id-earnings season so may be more prudent to wait a couple weeks before going too heavy...or simply scale it.
Best bets now are for some butterfly action although we are still id-earnings season so may be more prudent to wait a couple weeks before going too heavy...or simply scale it.
