Wednesday, June 26, 2013

50% Short TNA

JTS flips to a short signal.  CCI sells its long position and heads to sidelines.  This pushes the JT Composite into a 50% short TNA position.  VIX futures are back in contango which changes the preferred short ETF from VXX back to small caps.  

I'll wait until the CCI gives a short signal (possibly tomorrow if we keep going up) before shorting.  Thanks!