Thursday, March 24, 2016

Mar 24 - Bullish uptrend still intact but showing more signs of weakness

Courtesy of

It says it all from a price standpoint but VIX is bottoming, put call ratios hitting more dangerous levels, and we are close to levels that are extremely likely to trigger more sustained selling like 206-210 SPY.

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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...