Update

I think we saw a swing bottom yesterday, we had that flushout that set up the perfect momentum trade. Vix momentum was supportive of a long trade.



Turn Dates
Jan7 // Actual Jan7 Low
Jan13 // Actual Jan10 High (weekend inbetween) 
Jan17/20 // Actual Jan17 Low 
Jan24/27 // Actual Jan23 Minor High
Jan29/30 // Actual Jan29 Low (so far)

Reading and Vix

Reshorted vix at higher level than had before, i was yet again too early to the party. Momentum sais we ideally will see another spike higher in vix, but probably not a new high – That would be the ideal momentum setup.



CIT Dates
Jan7 // Actual Jan7 Low
Jan13 // Actual Jan10 High (weekend inbetween) 
Jan17/20 // Actual Jan17 Low 
Jan24/27 // Actual Jan23 High, Jan27 Low (so far)
Jan29/30

http://www.bloomberg.com/news/2014-01-27/trader-sells-18-million-vix-calls-in-day-s-biggest-options-bet.html

Week Ahead

Upcoming CIT Dates:
Jan7 // Actual Jan7, Minor low
Jan13 // Actual Jan10 (weekend inbetween), Minor high
Jan17/20 // Actual Jan17, Minor low 
Jan24/27 // Actual Jan23, Minor high
Jan29/30

Update, Ts, Es, Vix, Cit Dates

Es might come down for a flushout before we make new ath‘s. Es daily system is still far from buy signal.
Ideal case is illustrated here

Vix came back and is now ready for another pop


























Term Structure is back at the magic level



Upcoming CIT Dates:
Jan7 // Actual Jan7, Minor low
Jan13 // Actual Jan10 (weekend inbetween), Minor high (so far)
Jan17/20
Jan24/27
Jan29/30