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Out of curiosity, why are you holding your XIV if you're following the 100% signals?
Because I knew the JTS really wanted to stay long. I was mobile again yesterday and couldn't post much detail. Wish I could've been around a real computer to express this point.
Took my profits on half of my longs today w/JTS, J. Wanna see if they gap this thing down tomorrow so I can rebuy those cheaper, and then exit into a bit further upside, yet, then we play the rollover back down together, perhaps. It'll be really tempting to take the remainder of this long off on a gap up open tomorrow w/some decent size to it.
xiv Bullish crosover
Large volume moves down followed by low volume moves up. Not very reassuring.
My system detects more upside how about yours J
Thanks Alex. Both mine are posting neutral positions and I'm heading to cash.My gut is leaning bearish right now given the beautiful broadening top pattern on the SPY hourly chart. Yesterday SPY bounced perfectly off lower support of the megaphone. Big day to day swings like we've seen the past week are not normally healthy. However, I'm not willing to put my money where my mouth is on the short side just yet... Too much liquidity and favorable seasonality in the near term.
thanks J It makes sense