KEY POINTS BEFORE THINKING TO THE LONG SIDE: I need to see trading above the 50% Fib (3120 on ES) to consider the long side VIX need to trade lower for a second day AAPL should hold current levels or trade higher SPX and NDX strength should be again similar. |NDX had been much stronger.
So far the market is trading much higher than last week but I ca not find Inflows into US Equities – I remain with long exposure to US Equities but less than I would have liked. Nobody can know with certainty future prices
BEARS had three opportunities to take the market LOWER and close the SEP GAP now it seems that they did not have enough fire power. At this moment with two negative weekly candles there is a good chance that we could end the week in a positive note SMALL RANGES ON THE MONTHLY CANDLES EUR/USD
Mario Randholm Blog. Mario is the founder of Randholm & Co. S.A.C., an investment management company dedicated to producing superior returns for its clients and employees by adhering to mathematical and statistical methods.