Sector and Country Models Move to Cash
Stops have been hit on the sector and country models. Those models have moved to cash. My suspicions about the automated model being sucked in on the long side here have been justified. The currency model and the paired index model remain invested as before, but their stop levels are fast approaching.
This market is in danger of unraveling as many charts have seen technical breaks of trendlines or support during the last two sessions.
This market is in danger of unraveling as many charts have seen technical breaks of trendlines or support during the last two sessions.






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