| Weekly Trend: | Neutral |
|
| Daily Trend: | Down |
|
| Daily Momentum: | ___ | Down |
We’ve been flirting with the index trend being up or down over the past week. Todays very small down day was just enough to tip the scales from Fridays neutral to bearish. From a discretionary perspective the trend is neither here nor there, and by the way the election outcome had transpired it may well be that we stay in limbo without a significant lead from the US. As the trend has turned down the Systematic PowerSetups have taken defensive action on all positions and will not signal any new buys until we get some strength back.
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