No change to the "Trender" model which argues that the bull market is in force. The Range momentum model is featuring a higher higher and higher low relative to the previous peak. The trend momemtum model is breaking out to a higher high which argues that the broad markets should breakout to new recovery highs sooner than later. A move over the zero boundary would then shift the focus to when is the trend overbought. However, we are not there yet with the primary indicator in green still negative. Overall, model is bullish.
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