Staying Above The Neutral Zone

Ulli Uncategorized Contact

Despite a pullback in the market on Tuesday, the domestic Trend Tracking Index (TTI) managed to stay above the upper range of the neutral zone. Its position is now +1.72% above its long-term trend line. If the TTI can remain above the +1.50% level for another trading session, a domestic Buy will be validated, and we will move back into the domestic arena with about 1/3 of our portfolios.

Right now, it appears that the path of least resistance is to the upside, as the past few weeks have shown. Barring any unexpected negative news with the announcement of Wednesday’s CPI, we may find ourselves back in domestic equities in a couple of days.

Contact Ulli

Leave a Reply