Tuesday, January 20, 2015

Jan 20 - Weak bounce

VXX issued a sell signal but not terribly strong.  After selling off the gap up, the market stage a comeback albeit a weaker one.  Still decent possibility of the bounce continuing but longs should exercise caution as we wait to see if this triple bottom like formation comes into play.

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July 11 - GLD sucks

stopped out of GLD yesterday for -25%.  Holding off on reentry and maybe will enter if we drop another level. SPY on the other hand is crus...