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Apr 22 2015

MTI Dropped 0.02 To A Still-Bullish 1.13

  • Apr 22, 2015

The Major Trend Index dropped 0.02 to a still-bullish 1.13 last week, with losses in the Supply/Demand and Momentum work edging out modest gains in the Economic and Attitudinal categories. Net equity exposure in the Core and Global Funds remains unchanged at 58% following last week’s 3% increase, and the path of least resistance in the immediate term remains up.

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Doug Ramsey / Chief Investment Officer & Portfolio Manager

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