ETF/Mutual Fund Data updated through Thursday, May 28, 2015
If you are not familiar with some of the terminology used, please see the Glossary of Terms.
1. DOMESTIC EQUITY MUTUAL FUNDS/ETFs: BUY — since 10/22/2014
Our main directional indicator, the Domestic Trend Tracking Index (TTI), broke through its long-term trend line generating a “Sell” for this arena effective 10/14/2014, which was followed by a violent break back above the line on 10/22/14 generating a new “Buy.” It was a classic whipsaw signal, and you can read more on my blog as to the events as they were unfolding.
As of today, our TTI (green line in above chart) is positioned above its long term trend line (red) by +2.75% keeping us in the market with our established positions.