Video Market Recap For Friday, April 1, 2016 - SPY NYA TLT AGG UUP GLD GDX USO UNG

Stocks (SPY) were able to close all gaps remaining close to the all-time highs. No gaps for SPY remain above the current levels. We have to give credit where credit is due: this 15% rally off the 52-week lows was indeed impressive. Having said this, I still think that this rally is a counter-trend one. My long-term model (MBI) has flipped into the bear mode as early as September of last year and is yet to even begin improving. 
​Read the rest of this post here