1/20/2017

Mostly bullish, but trouble to go higher - basic theme of 2017 (except Tech set, global indexes, and gold). 

Often weak up is the prelude to a drop, and the SPY weekly chart has two small up bars - inviting selling. But VIX and XIV tend to be right on markets and they look fine right now.

I will try to sort out more on the blog this weekend, but there may be limited posting compared to usual.