Velocityshares Daily 2X Vix Medium Term (TVIZ)

[gldtimer]

Not Quite Yet.

I measure the temp by the bond market, however, the currency markets turn first. At yesterdays close I was with in a .0001 of a point of increasing FXC from 1 => 2% and move 1% from gold to YCS (yen short). Both of these moves would have been 'risk on' even though the temp remains a rock solid -120 and in fact is very close to -160!

Close only counts however in hand grenades and horseshoes.

As mentioned in a previous post the current winter could well be a false bottom as July was a false top.