The Model: The KP Trend Model shifted back to Green Friday, returning to a maximum exposure position in US equities.
From the Trading Room: Robust internal data turned the KP-1 trading oscillator back up through the trigger line it crossed marginally a week ago, returning the Trend Model back to a GREEN condition –100% long US equities.
Short-term oscillator studies reflected the week’s tech heavy trading (The PHLX Semiconductor Index soared 10%) with the Tactical Exposure Oscillator shifting to a slightly overbought Plus 1 status. The Short-Term Internal Oscillator, a mean-reversion study, ended the week slightly positive, up once again to trend-line resistance, all this in the context of a reasserting positive trend.
