The TrendFlex Classic I signal shifted to Downtrend at Monday's open. All other signals remain unchanged.
Performance is through market close on 12/24/15.
|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||Downtrend||12/21/15||-2.5%||+2.5%|
|TrendFlex Allegiance 1||Neutral (Cash)||12/10/15||+0.0%||+0.6%|
|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||-0.6%||+0.6%|
|TrendFlex Allegiance II||Downtrend||4/6/15||+0.2%||-0.2%|
The TrendFlex Score declined from 2.18 to 1.87on the week, and closed below its three-week moving average, a bullish development.
Given the bullish shift in the short-term TrendFlex Score, cautiously adding to long positions may be in order.
|Set Stops on Longs|
|Short Overbought Equities|
|Add to Longs|
|Hedge or Reduce Shorts|
|Long Futures and Options|
Click here for the cumulative returns and trade history for the Baseline Analytics TrendFlex systems since their initial trades.