4/8/2016

SPY is doing fine, holding positive for 2016 and above all pivots. This week had some shakeout as expected but not too much damage.

But if you trading other vehicles, a wild ride! It has been a while since I have seen so much chop. Excitement of oil, XLE and GDX recommended longs offset by losses in EWJ, PIN and EWG shorts today. 

Due to developments that I have already noted on the blog, The Pivotal Perspective is scaling down. I have shown what I can do here for several months - and even this has been a very part time endeavor. But my time and energy soon moving on to an exciting new project. 

I hope to keep the SPY daily section going, but it will be just that - SPY only and not these extensive strategy posts involving all other asset classes like I have been writing about recently. Good luck and stay on the right side of the market!