TrendFlex Classic II shifted to a sell signal effective (backdated) at the 6/13 market close. TrendFlex Classic I shifts from long to neutral at the 6/17 market close.
Performance is through market close on 6/17/16.
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 1||Cash||6/17/16||0.0%||0.0%||1.900|
|TrendFlex Allegiance 1||Uptrend||5/31/16||-1.4%||-1.4%||1.375|
|S&P 500 timing signals based on credit risk premiums (corporate vs.Treasury debt).|
|TrendFlex Classic II||Downtrend||6/13/16||+0.4%||-0.4%|
|TrendFlex Allegiance II||Uptrend||3/14/16||+2.6%||+2.6%|
The TrendFlex Score increased from 1.60 to 1.66 and closed above its three-week moving average, a bearish development.
The Portfolio Strategies chart is a bit more defensive.
|Set Stops on Longs|
|Short Overbought Equities|
|Add to Longs|
|Hedge or Reduce Shorts|
|Long Futures and Options|
*Red highlighted items are recommended strategies
Click here for the cumulative returns and trade history for the Baseline Analytics TrendFlex systems since their initial trades.
The next update to the TrendFlex Score and Signals will be following the market close of 7/15/16.