Here’s today’s version of yesterday’s Lazy Man chart with XLF as the focus ETF. Once again EEM was the standout leader but close behind was the LM pick of the week…XLB. Go XLB!!!!. Note the morning surge of XLF and then refer back to yesterday’s last few bars on the Prognosticator, especially the disconnected LR 3 and LR7 upslope bars. Henceforth to be known as The Flying Tomato to honor local boy and gold medal winner Shaun White, these detached signal patterns are typically very reliable for predicting subsequent openings. Unfortunately, take a gander at today’s close. I will be off for the next few days but hope to be back on line by the middle of next week. Trade well.
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