The short term and long term TrendFlex Classic signals are long.
S&P 500 Return
|S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt).|
|TrendFlex Classic CR||Long||5/10/2018||+0.20%||+0.20%|
|TrendFlex Allegiance CR||Long||5/4/2018||+2.40%||+2.40%|
The TrendFlex Score is at 1.65 and remains below its three-week moving average, a bullish development.
TrendFlex Trend Following Signals (TF)
The TrendFlex Classic TF remains bearish, while Allegiance remains in uptrend.
S&P 500 Return
S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term). Score: Bullish = 1.0-1.75; Neutral = 1.75-2.25; Bearish = 2.25-3.0
|TrendFlex Classic TF||Uptrend||2/5/18||
|TrendFlex Allegiance TF||Uptrend||5/31/16||+29.90%||+29.90%||1.125|
Baseline Analytics Extremes Indicators
Baseline Analytics Extremes highlights four key TrendFlex Indicators and their level of extreme readings. The key indicators include the following:
- CBOE VIX and Put/Call Ratio
- Moving Average Cross Momentum Signals
- LQD vs. S&P 500 GAP reading
When one or more of these indicators has reached an extreme reading, chart and commentary will follow. VIX is showing an extreme (complacency) but may have a while at these levels befire a trend shift occurs.
Portfolio Strategy Table
The Portfolio Strategies chart remains bullish, with an edge toward risk-aversion.
|Set Stops on Longs|
|Short Overbought Equities|
|Add to Longs|
|Hedge or Reduce Shorts|
|Long Futures and Options|
*Red highlighted items are recommended strategies