NFP day is just like any other.

Friday 2nd February - Daily Equity Update

I just want to clarify the colour of the top three boxes. Everything is in relation to SPX that is what this signal is pointing towards. So “VIX Trend” says short and a big red box what does that mean? It means VIX is rising and hence is negative for SPX. It is only one component of the whole which is why the “combined” indicator is not at a maximum of 1.

This translates to me personally SPX it above momentum and trend so hence I maintain my long SP futures position, but I have a hedge by being long VX calls.

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Reduce   : Cash PKG BR
         : Half KEY

Increase : PH IFF PHM

There may be an update coming to this chart but I choose not to increase the positions between reranks. Especially as it is Friday, I cannot be sure IFF PHM will remain in the basket come Sunday PH may be different.

So I wait for weekend reranks.

Have a great weekend.