Model Returns to Green Status – 100% Long Equities

Posted by on Monday, Sep 11, 2017 in Updates & Commentary | 0 comments

Model Returns to Green Status – 100% Long Equities

The Models: The Intermediate-Term component of the KP Trend Model shifted to Positive Thursday September 7th, bringing both components in sync and returning the Trend Model to Green status, 100% Long Equities. Tactically, exposure guidance shifts to Plus 1.

Comments: Momentum generated the week prior to the Labor Day holiday was robust enough to overcome the internal weakness this past week, propelling the Intermediate-Term component to modestly cross above its neutral trigger line into positive territory.

The Short-Term oscillators pulled back to end the week in their neutral zones, dissipating the energy that drove them into overbought territory the prior week, leaving them poised to go in either direction.

Leave a Reply