The short term and long term TrendFlex Classic signals are short.
S&P 500 Return
|S&P 500 timing signals based on credit risk (CR) premiums (corporate vs.Treasury debt).|
|TrendFlex Classic CR||Short||5/22/2018||+0.20%||-0.20%|
|TrendFlex Allegiance CR||Short||5/212018||+0.50%||-0.50%|
The TrendFlex Score decreased from 1.65 to 1.61 and is even with its three-week moving average.
TrendFlex Trend Following Signals (TF)
The TrendFlex Classic shifted to Cash while Allegiance remains in uptrend mode.
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||5/4/18||
|TrendFlex Allegiance TF||Uptrend||5/31/16||+29.40%||+29.40%||1.375|
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. The Put/Call ratio reached an extreme reading this week.
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