The S&P 500 index proxy (SPY) has reached an extreme in price that is trading within a zone of bullish liquidity. While the odds are not good enough to take primary risk, there is opportunity available intra-day on the long side as price trades within the ivory zone.

  The Vanguard Total Bond Market ETF (NYSE:BND) acts as a predictor for interest rates…Currently our forecast is for higher prices in this ETF, so that confirms our bias that the Fed may use their recent interest rate rise as a last chance tool to try and prop up the weak markets.

  Southwestern Energy Company (NYSE:SWN) met our profit objectives today to start out the new year with a 16.8% move in our favor! (We track each market forecast from the top of the green box to the low of the blue box, which acts as a minimum profit potential.)