The TrendFlex Classic signals both shift to Uptrends following the Monday, 2/29 activity in the S&P 500. More charts and updates coming this weekend.
Last Week's Update:
The TrendFlex Classic I signal will shift to Neutral (Cash) from Downtrend at the open on 2/29. All other signals remain unchanged, although they improved on the week. In fact, the TrendFlex Classic II signal saw a marked improvement (as noted in its chart, see link below), nearing a buy signal.
Performance is through market close on 2/26/16.
|TrendFlex Signal||Trend||Signal Date||Signal % Return||
S&P 500 % Return
|Current Score||Prior Score|
|S&P 500 timing signals based on a weighted score of US Market technical indicators. Classic (short-term) and Allegiance (intermediate to long term). Bullish=1.0-1.75; Neutral=1.75-2.25; Bearish=2.25-3.0
|TrendFlex Classic 1||Downtrend, shift to Cash 2/29||2/8/16||-3.8%||+4.0%||2.00||2.30|
|TrendFlex Allegiance 1||Downtrend||2/8/16||-3.8%||+4.0%||2.50||2.625|
|S&P 500 timing signals based on credit risk premiums (corporate vs. Treasury debt) correlated with performance of the S&P 500|
|TrendFlex Classic II||Downtrend||12/10/15||+5.1%||-4.9%|
|TrendFlex Allegiance II||Downtrend||4/6/15||+6.0%||-5.7%|
The TrendFlex Score decreased from 2.52 to 2.08, and remains below its three-week moving average, a bullish development.
|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.