International TTI Signals ‘Sell’

I mentioned yesterday that our International Trend Tracking Index (TTI) had crossed its long-term trend line to the downside by -2.00%.

This morning, it took another steep dive thereby clearly heading deeper into bear market territory, which means a ‘Sell’ signal, effective today, has been generated.

As I posted at the time of the ‘Buy’, I did not participate in this cycle due to us being 100% invested in the domestic arena.

If you are following my methodology, this means that all “broadly diversified international funds/ETFs” should no longer be held.

Ulli…

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