The stock market closed today at 1920. Our last update was 11 months ago.
- Happily, our long-term indicators kept us generally long (to flat or slightly long) in the stock market since they remained strongly bullish during the run-up.
- Currently, the long-term indicators are moderately bullish. The long-term indicator has its "foot off of the gas" due to the recent sell-off.
- Our medium term oversold indicators are now fully long. These indicators had been predicting a sell-off incorrectly for several months, keeping us from being fully long in the stock market.