Figure 1. Rydex Total Bull/ Bear Ratio/ weekly
In general, the indicator is responsive enough that it tracks price changes relatively quickly. However, over the past two weeks the indicator has headed lower while prices have headed higher. This is unusual. In other words, the Rydex market timers have not been buying into the rally. Typically, these traders are wrong on the markets, but they have yet to turn bullish despite the 10% gains over 10 trading days.
These research notes, which you can access below, on this interesting divergence were presented three days ago to subscribers of our Premium Content service. The Premium Content service is the best $104 you will ever spend on market research. The daily report is meant to keep you on the right side of the market and improve your market timing. That's 40 cents a day!
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