Domestic TTI Correction

The Domestic Trend Tracking Index (TTI) is currently hovering above its long-term trend line by only a scant +0.10% and not +0.43% as I posted in yesterday’s market commentary.

When reviewing the numbers, I noticed that one of the components had not been updated due to closing price unavailability.

Any further market pullback will likely push this indicator below the line and generate a Sell signal for all Domestic Equity mutual funds and ETFs.

I will keep you updated.

About Ulli Niemann

Ulli Niemann is the publisher of "The ETF Bully" and is a Registered Investment Advisor. Learn more
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