In order to avoid whipsaws as seen on Jan 8 and 14, wait for economic data to wash through first before buying.  All the best buy spy decisions are mid to end of month anyway.

With QE off, signals are consistent after the econ data washes through or mid-month.  For example, buy TLT end of Dec  (TLT GHA and VIX GHA and SPY RHA) and sell on Friday Jan 16.

Plan is to watch for VIX RHA at the open on Feb 13, 16 and 17.  Sell Feb 23-25 when VIX HA turns to a small red.  SPY should be GHA at the close.

See rebound strategy below…