Thursday, September 6, 2012

Timing?

Without going in to all of the charts of the Risk Asset Layout, intraday signals from the Risk Asset Layout do work in multiple timeframes.

Right now commodities have fallen way out of sync intraday, Credit is doing the same, the Euro is starting to break down, the $AUD is also starting to break down, AAPL wasn't able to make a higher high, it failed and it' starting to fall apart a bit, the Energy sector is flashing red lights, just be aware these are diverging, they are excellent leading indicators and big picture they are at the divergence that they have been at in the past with reversals on a strategic outlook or longer term as reversals are not events, but a process.

I'll try to get some charts so you can see, but be aware this is happening now.

This is why I like the idea of some leveraged Ultrashort or 3X bear ETFs to grab quick coverage, they can be rolled out later when sector rotation becomes more apparent, but they give you directional exposure and the market is so highly correlated any way, it probably doesn't matter a lot. FAZ was an example from earlier today.

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