The Major Trend Index rose 0.03 to a high neutral reading of 1.04 in the week ended November 21st, driven (unsurprisingly) by a healthy gain in the Momentum/Breadth/Divergence work. The Core and Global Funds remained positioned with net equity exposure of about 50%, but we are prepared to cover some equity hedges if this work strengthens in the weeks ahead.
Nov
26
2014
MTI Rose to 1.04 - High Neutral
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