OK, here’s today’s teaser for Mosaic aficionados. This is yesterday’s % change chart, only close up. I’ve laid an S/R band on top of the chart and we see clearly defined reversal thresholds at +/- 1.5% for SPY. These are really short term trades probably best played close to close for 1 day or maybe 2 days with a 30% ATR8 stop, which I’ve discussed previously in detail. I’ll run the premise through TradeStation and then apply to the other Mosaic components just for a look. The initial run on SPY looks very promising. It can obviously be played long and short and over the first 7 months of this year there have been 17 trade signals so you’re money’s out of the market most of the time. 90 minutes in today and here’s the a clear break in the previous alignment of bonds and equities with bonds being the clear winner although volume is below normal. TBT looks just plain grim and the financials are having trouble finding any traction so despite the preponderance of above expectation earnings it may rough going for a few days as the market works off its technically overbought position. Us market neutral guys really don’t care. See this weekend’s Mosaic update for details. The site is subscriber access only after Sunday.