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Oct 16 2018

MTI: Sharp Drop In Momentum

  • Oct 16, 2018

The abrupt decline in the Momentum work reflects deterioration in most trend models, along with bearish flips in the Chart Scores for the Russell 2000, NYSE Financials, KBW Bank Index, and Securities Broker/Dealer Index (XBD). The NYSE Daily Advance/Decline Line provided only limited warning of the impending weakness.


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About The Author

Doug Ramsey / Chief Investment Officer & Portfolio Manager