Smells like contagion

Smells like contagion with Italian banks in trouble, and treasury bonds going parabolic.
Maybe the market wont focus on it just yet but its out there.

Still climbing the wall of worry.

Chart of S&P500 for 8 July 2016

 

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Disclaimer: This is the diary of a personal trading system, its methodology and the signals that it is producing. You are welcome to follow along but please understand that the information presented here is for entertainment purposes only. No recommendations are being made to buy, or sell stocks, options or futures contracts. Please consult your own financial advisor before making any investment decisions. 

 

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