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Nov 08 2016

MTI Dropped 0.08 Points To 1.19

  • Nov 8, 2016

The Major Trend Index dropped 0.08 points to a ratio of 1.19 in the week ended November 4th, ending a three-month streak of readings above the 1.20 threshold. Nonetheless, the work remains decisively bullish, and we’ve made no recent adjustments to our tactical funds’ targeted net equity exposure level of 63%.

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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager

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