The Domestic Trend Tracking Index (TTI) is currently hovering above its long-term trend line by only a scant +0.10% and not +0.43% as I posted in yesterday’s market commentary.
When reviewing the numbers, I noticed that one of the components had not been updated due to closing price unavailability.
Any further market pullback will likely push this indicator below the line and generate a Sell signal for all Domestic Equity mutual funds and ETFs.
I will keep you updated.
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