Both the long and short term models remain bearish.
The directional component of the daily model is bearish today, but the risk component is right on the cusp of being “too risky.” I’m going to watch the first half hour of trading, evaluate it, and I’ll have another report at 10:00 a.m. Eastern time.
Thanks for the opportunity to be of service, and I’ll email you again in a few hours.
Turov on Timing is Copyright (c) 2005 by Turov Investment Group Inc. All rights reserved. Turov on Timing is for personal use only. All caveats and advisories that appear in the monthly Turov on Timing apply equally to this email. Re-publication and distribution is strictly prohibited. No part may be reproduced without the permission of the Turov Investment Group Inc.