TrendFlex Credit Risk Premium Signals (CR)
TrendFlex Classic CR and Allegiance CR both remain on Buy signals. The CR signals have been quite strong, perhaps signaling the potential for a breakout of this recent trading range pattern. The TrendFlex score improved (bullishly) this week (due in part to improved credit risk premiums). So even though there appears to be more downside risk than upside risk at these levels, various technical signals are suggesting to hold longs (doesn't hurt to protect with some e-Mini SPX shorts either)!