Friday, June 14, 2013

T6 Bullish Model Still Cashbound...6.14.13

It's been a tough week for the markets but our T6 Bull model has held it's own, even though the P6 and RSQ triggered cash more than 3 weeks ago.

At this point the top 2 sort of the model is slightly ahead of the SPY but what's interesting is the upturn in the P6 line.  Now these results reflect Thursday's close and do not include the downdraft in Friday's session.
This is a late post as I literally just got in from 2 days of car travel. 

The updated results reflecting today's action will be posted on Saturday with a more thorough analysis of what the current momentum signals may be telling us along with some proprietary notes from two billion dollar fund managers.