FYI: Below is a snapshot of today’s “Regions” category from our ETF Trends tool. Last week at this time, nearly every region of the world saw equity markets at overbought levels. Today, though, pretty much every region is back in neutral territory after experiencing a pullback over the last five trading days. Given that all of these ETFs are in long-term uptrends, a pullback from overbought to neutral levels triggers a “good” Timing score.
Regards,
Ted
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