This proprietary indicator (click to enlarge) has a solid batting average. It tells you the stock market is going to rise when the indicator rises above the blue line. The odds favor lower prices when it falls below the blue line.
Bottom line: the position of this gauge is bullish on the market. Stay tuned.
More, much more when you subscribe to The Peter Dag Portfolio on https://www.peterdag.com/.
George Dagnino, PhD
Editor, The Peter Dag Portfolio
Since 1977
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