TVO Market Barometer 3/27/15

TVO MB 3-27-15b

If ever there was a time that markets were in Limbo in terms of volume this one stands out. If you’re of the belief that the NASDAQ leads the market, then strong up volume, but weak overall is not a great case for the bulls at this point. With SPY on the other hand, the bears don’t have much ground either, as we find strong down volume, but still weak overall.  And TVO at zero basically tells us it’s a coin flip as to how things will play out in the near-term. We mentioned some big potential catalysts this week that can surely tip the scale in either direction (don’t forget April Fool’s, too), so remember to tune out the noise and stick to your plan… and don’t get fooled. -MD

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