TVO Weekly Market Barometer 3/11/16

TVO MB 3-11-16

Friday’s run up into the 200 dma had the most up-volume we’ve seen since mid-February when this rally first got underway. At that time, TVO was hovering around zero and had plenty of room to run. In contrast now, the oscillator is well above +5.0 and has reversed direction, which has generated a sell/short signal. Our newly refined exit rules caused us to sell our SPY calls on Friday for 44% gain, and from the looks of the price action so far in Monday’s session, the exit was just in the nick of time. This is the second consecutive HG gain our members were able to benefit from since TVO Daily went live earlier this year, and we’re well on the way towards fully recovering from January’s setback. -MD

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The indicator descriptions in the above graphic represent general market sentiment and are not the actual TVO System signals. To view today's active signals and options trades, please . Not a Member? Join us.