The Model: The KP Trend Model is Green, full exposure to US equities.
From the Trading Room: Internals have continued to weaken as the major market indices all ended lower this week. This weakness is a concern, especially when it coincides with a sharp increase in volatility.
The KP Short-Term Internal Oscillator that was last overbought in February, has been weakening since, and it fell into modest oversold territory this past week.
