Figure 1. S&P500/ daily/ Rydex Bullish and Leveraged v. Bearish and Leveraged
The current value of the indicator stands at 0.95 suggesting that the Rydex market timers are bearish, and this is a bullish signal. See the recent strategy piece on how this signal is combined with the 200 day moving average.
Lastly, as a reminder, this is a very short term trading strategy, and it does not say anything about the intermediate term direction of the market.
3 comments:
Hi Guy, I read you blog every day and I am very intrigued about the way you sum up the rydex assets data.
What assets are included? from ETFs?
Thanks and congratulations for your great job
I am not sure I follow the question; please re ask.
Thanks for the compliments, however
Guy,
Your chart only shows 2009. Could you show the same chart for 2008?
Thank you.
Post a Comment