At 16.90 as of today’s close the VIX is testing its near term lower band limits. EEM has continued to lead the way up in the Lazy Man portfolio as TLT experienced a significant sell off, falling off the 92.50 line of support we mentioned last week. Big POMO on Thursday, but then nothing until April 11th. Friday are statistically the highest odds down day of the week, which may be catalyzed by the lack of any POMO support. Wednesdays are statistically the highest odds pivot high day of the week, but we may well see some more positive momentum tomorrow before significantly overbought conditions begin to revere. Tomorrow we’ll look at interesting short term TLT signal that’s proven highly reliable over the last year.
Related posts:
