BBd means Bollinger Band daily BBw means Bollinger Band weekly
The number 1 is VIX and it has turned down. It is time to go to cash and sell TLT.
This is a very uncertain period so cash is best.
The USD BBw is showing a downtrend since October. The downtrend is weaker than before due to ECB and JCB asset purchases. Gold will not perform well.
The risk is now ‘ON’ unmistakably. However, as the VIX may fall 3 points, the upside is limited (152-155) while the risk clearly is on the downside with the upcoming debt debate. In March or April the market will top after debt ceiling resolution.
Daily MACD shows a near-term top-
http://stockcharts.com/h-sc/ui?s=SPY&p=D&yr=1&mn=0&dy=0&id=p92709496383
Weekly MACD indicates 8-12 weeks left in this rally (late Mar-mid Apr) :
http://stockcharts.com/h-sc/ui?s=SPY&p=W&yr=1&mn=0&dy=0&id=p31353048840
According to Kimble, we are at or very close to a top. I like this:
“VIX is a much better tool at market bottoms than highs”
http://advisorperspectives.com/dshort/guest/Chris-Kimble-130111-VIX-and-Inflows.php
Gary Shilling also states risk ‘on’
http://www.businessinsider.com/gary-shillings-2013-investment-themes-2013-1
While financials are doing well, the real economy has growth issues. Even though there’s liquidity for equities..commodities are struggling and rail traffic growth has stalled. Gas buddy also shows flat to falling trend so this is a Fed driven rally for sure.
http://pragcap.com/wp-content/uploads/2013/01/rails1.png
Six charts showing slow growth-
http://www.businessinsider.com/rosenberg-6-charts-us-economy-2013-1
Car sales were up no doubt in Q4 but still low growth-
http://research.stlouisfed.org/fred2/graph/?g=euI
Unemployment claims looks like they’ve bottomed-
Credit Flow Investor 
