The Major Trend Index increased 0.01 to a ratio of 1.23, based on data for the week ended August 12th; a big gain in the Economic category was mostly offset by small losses elsewhere. Overall, we’re impressed that the MTI has been able to carry as far as it has into the positive zone despite the increasing resistance provided by both the Intrinsic Value and Attitudinal categories.
Aug
17
2016
MTI Positive; Small Net Change Week Over Week
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