The theme is that most asset classes are in the long territory. Specifically SPY, DBA and UNG are long. GLD is neutral. Bond (TLT)is now neutral as well after being a significant under performer last week.
| ETF | Status | Notes |
| TLT | Cash | Waiting for next signal |
| DBA | Long | Stop Loss: Close below 29 |
| SPY | Long | Stop loss on a close below 132.5 (reduced the stop instead of increasing it, willing to take a little more risk to avoid whipsaws) |
| UNG | Long | Stop loss on a close below 18. |
| GLD | No position | Buy on a close above 159. Subsequently, stop loss on a close below 154.16. |
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