Morning: Today's NAV sits at 14.99; bond yields briefly touched 2.77 and retreated to 2.50 yesterday; AWF closed at 14.23 from relatively historic lows sub 14... Quite an interesting daily chart: not quite a reverse head and shoulders, followed by a considerable candlestick uptick in RSI in later part of the day; and then in the last 30 minutes it reached higher highs and then lower lows... Volativity spiked and then subsided in ^VIX, which I'm using as a key inverse marker... Going to be a wild ride until yields flatten... Any inputs on current trendlines? Good luck...
Morn Robin..IMO..bond rotation till end of month..SP vix retrace gap fill 17ish..still looking for 1600-10ish..QE everyday this week 4B thurs..sp gap fill 1625 dont look good..monthly rolling over. Best of luck
Greenroger22: Agreed relative to bond rotation; agreed retracement and back-fill on ^VIX; possible back-fill to 1610 (but I show it falling a tad short); You show that much volatility and movement to justify a 4B? If that happens I need to get a seatbelt!... Thanks for your input..