The bullish market profile continues to improve. TrendFlex Allegiance shifts to uptrend at Monday's open. TrendFlex Allegiance II remains on downtrend, underscoring the potential resistance we may see should the S&P 500 attempt to match its summer highs.
|TrendFlex Signal||Trend||Signal Date||Performance|
|TrendFlex Classic 1||Uptrend||10/12/15||+3.0%|
|TrendFlex Allegiance 1||Downtrend; shift to Uptrend 10/26||8/24/15||-5.8%|
|TrendFlex Classic II||Uptrend||10/19/15||+2.1%|
|TrendFlex Allegiance II||Downtrend||4/6/15||-0.5%|
The TrendFlex Score decreased from 1.90 to 1.74 and remains below its three-week moving average, a bullish development.
There is no change to the Portfolio Options Table this week.
Click here for the cumulative returns and trade history for the Baseline Analytics TrendFlex systems since their initial trades.