Leading Indicators

As many of you who have been around at least for 2012 when the Risk Asset Layout (Now called Leading Indicators)  was introduced, we have used it successfully to call a top in early 2012 that let us open core shorts with nearly every one of them returning double digits in months and EVERY single one in the green. It helped us call the June 4th bottom on a larger head fake move, the previous top was also on a head fake move. We have also used it for smaller swing and day to day as well as intraday moves and it has been very successful in calling these turns BEFORE they happened, giving us time to prepare.

The Leading Indicators are still positive for this entire week where we've expected a range to develop for one reason, a reversal is not a quick event, it is a process and a range is the best way for distribution to turn to accumulation.

So I'm just letting you know, the leading indicators for this week suggesting we see an upside move very soon are still in that positive divergence and still saying the probabilities are with an upside reversal.