Monday, August 11, 2014

Divergent M3 Signals......8.11.14

The bounce continued today although momentum fizzled into the close.
The new M3 signal has not yet reversed to cash but the old M3 signal did manage to catch today's action with a vested XIV signal.
The new M3 signal is shown on the M3 site while the old M3 signal is posted below.
This will be a good test of the new M3's somewhat slower momentum algorithms designed to avoid the whipsaws that have plagued the markets for the past few weeks.
We'll compare short and long term performance metrics for the 2 models at the end of the week.