Technical Work Pulls MTI Lower

December 23, 2016 BY Doug Ramsey
PDF Download: PDF icon mti 121616.pdf

The Major Trend Index fell 0.05 points to ratio of 1.12 for the week ended December 16th, with a moderate loss in the Momentum/Breadth/Divergence category responsible for most of the decline. Net equity exposure in our tactical portfolios is unchanged at 63-64%.

 

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