Market Signals Summary:
The Hi-Lo Index of the S&P 500 as well as the MAC-AU reentered the markets. However, the MAC US, iM-FT Timer as well as the S&P 500 Coppock Indicator remain disinvested from the markets. The bond market model prefers high beta (long) bonds. The Forward Rate Ratio between the 2 and 10 year rates inverted beginning August thus signalling a recession. Also the growth of the Conference Board’s Leading Economic Indicator is sinalling a recession. The Gold Coppock is invested in gold, so is the iM-Gold Timer. The Silver Coppock model is dis-invested in silver.
Stock-markets:




This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:



A description of this indicator can be found here.

A description of this indicator can be found here.