The M6 momentum model has QQQ in a stopped position and the mean reversion model is favoring the low volatility composite bond ETF AGG as the best odds for tomorrow.
Actionable Risk Opportunities, Tactical Musings and Timing Indicators for Investors
Wednesday, April 26, 2017
M6 Market Outlook...04.26.17
After two days of one of the greatest short covering rallies in years and a tepid response to Trump's tax plan the markets sold off into the close leaving us with a bearish bias for the rest of the week.
The M6 momentum model has QQQ in a stopped position and the mean reversion model is favoring the low volatility composite bond ETF AGG as the best odds for tomorrow.
The M6 momentum model has QQQ in a stopped position and the mean reversion model is favoring the low volatility composite bond ETF AGG as the best odds for tomorrow.
