Market Signals Summary:
The Hi-Lo Index of the S&P 500, the MAC US, the iM-Google Trend Timer as well as the S&P 500 Coppock Indicator are disinvested from the markets. The bond market model begins to favor 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:
![Fig-2.-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-2.-11-11-2022-100x100.png)
![Fig-2.2-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-2.2-11-11-2022-100x100.png)
![Fig-2.3-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-2.3-11-11-2022-100x100.png)
![Fig-2.1-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-2.1-11-11-2022-100x100.png)
This model and its application is described in MAC-Australia: A Moving Average Crossover System for Superannuation Asset Allocations.
Recession:
![Fig-3.1a-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-3.1a-11-11-2022-100x100.png)
![Fig-3.1c-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-3.1c-11-11-2022-100x100.png)
![Fig-3.2-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-3.2-11-11-2022-100x100.png)
A description of this indicator can be found here.
![Fig-3.3-11-11-2022](https://imarketsignals.com/wp-content/uploads/2022/11/Fig-3.3-11-11-2022-100x100.png)
A description of this indicator can be found here.