the Institutional Investor “core holdings” was showing optimism

http://www.stocktiming.net/?p=3332

Too good to be true?

If you look at today’s chart, the Point & Figure chart of the Institutional Investor “core holdings” was showing optimism yesterday.  (The “core holdings” as a group moved above an important resistance line.)

What could be important now is if the support line is re-tested and if it then holds.

So the answer to the “too good to be true” question lies in what happens now.

By the way … we want to see the VIX hold below 13.30 on a closing basis today.