There are no changes to the TrendFlex signals this week.
Performance is through market close on 1/29/16.
|TrendFlex Signal||Trend||Signal Date||Signal % Return||
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)|
|TrendFlex Classic 1||Neutral (Cash)||1/4/2016||0.0%||-4.8%|
|TrendFlex Allegiance 1||Neutral (Cash)||12/10/15||0.0%||-5.3%|
|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||+5.6%||-5.3%|
|TrendFlex Allegiance II||Downtrend||4/6/15||+6.4%||-6.0%|
The TrendFlex Score decreased from 2.54 to 2.39, and closed below its three-week moving average, a bullish development.
The Portfolio Strategies chart continues to recommend protecting capital. However, adding to longs opportunistically in anticipation of a continued bounce in equities may be in order. Likewise, protecting short positions may be timely. Although the short-term character of the market suggests that a counter-trend rally is possible, the intermediate to long-term environment is flat to bearish.
|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.