Cross Currents Continue
For those of you who come directly into our Blog page, bypassing the Home page, you may want to refer to performance updates of our Macro Chart on the Home page posted today.
On the days that changes are indicated in our position analysis we will post an update of our market dirction format. The only change based on yesterdays activity is that crude oil changed from Higher to Lower.
The Squeeze Play Fund position is a fundamental call based on earlier comments. At the moment in what we view as a rollover mode, technical analysis indications are contrary to that call.