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Jan 05 2015

MTI Rose 0.01 to a Still-Neutral 1.00 in its Final Reading for 2014

  • Jan 5, 2015

The Major Trend Index rose 0.01 to a still-neutral 1.00 in its final weekly reading for 2014. Three of the five MTI categories declined on the week, with the Intrinsic Value work moving to a new negative extreme for this bull market. But these modest losses were more than offset by a gain of +46 points in the Momentum/Breadth/Divergence category.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

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