2/16/2017

Today was a very bullish day! Why? Because weak selling that holds support (most clearly on DIA) is very positive in the context of a market melt up! Also, VIX could have closed its monthly pivot, but didn't.

SPY YR1 looks quite doable considering only 6+ weeks into the year. 

Leaving portfolio without adjustment (no change from 2/3), 100% long. RSX will likely be first reduction but for now it continues to hold above all pivots. 

SPY, DIA and VIX below.