The Major Trend Index dropped 0.04 to a ratio of 1.16 based on data for the week ended November 18th. It was pulled lower by small to moderate losses within each of its five indicator categories. Despite the MTI’s decline from the high levels that persisted throughout much of the fall, this “weight of the evidence” approach remains bullish for the stock market. Our tactical funds continue to target net equity exposure of 63-64%.
Nov
22
2016
MTI Positive; Market Indexes Hit New Bull Market Highs
tags
Major Trend IndexLogin
For full access, please enter your credentials.
Not a Subscriber?
If you are interested in subscribing to The Leuthold Group, contact us online or give us a call at 612-332-1567.
Contact UsAbout The Author