bluenotes

bluenotes

We continue OTFU on the weekly and daily. I want to be slightly cautious above here, not because it's bearish, but simply because we're above a 2 sigma deviation (SPX 6073) of the YTD vwap (SPX 5405). In the past, price has whipsawed at this deviation up to the 2.5. While I remain long, I also must have one foot out the door. Last week created a double...