No. of Recommendations: 6
Hello all,
This is an indicator from Seeking alpha, but lost the original article link.
It is based on 4 variables
"In order for the process to indicate a high risk or “defensive” stance for equity assets, the following must be in alignment :
a) the price of the S&P 500 resides below the moving average value
b) the year to date S&P 500 return into June 30th is negative
c) a & b occur within a 1st, 3rd, or 4th Presidential term year
d) a, b, & c occur within a 24 month proximity to a “yield spread” inversion ( the 3 month U.S. Treasury bill yield greater than > the 10 year U.S. Treasury bond yield )"
Google: Identifying Periods of Risk in the Stock MarketRegards
Paul
