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Jun 02 2016

MTI Pushes To 3-Year High

  • Jun 2, 2016

The Major Trend Index pushed further into bullish territory based on data through last week, rising 0.09 points to a three-year high 1.22 ratio. Improvement in both the Momentum and Economic categories drove the gain. In addition, there were positive developments based on yesterday’s month-end prices that will be captured in the next MTI reading.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager