MTI: Supply/Demand Strengthens

April 24, 2017 BY Doug Ramsey

The Major Trend Index rose 0.02 to a ratio of 1.16 in the week ended April 21st, reflecting solid gains in the Supply/Demand and Momentum/Breadth/Divergence categories. This gives the MTI a bit of breathing room above its 0.95-1.05 neutral band, and we continue to target equity exposure of 65-67% in our tactical funds.

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