Weekly MOTR Report (WMR): “China Joining the ‘Risk-On’ Party.”

Highlights

  • With our Risk Gauges already signaling "Risk On", we are encouraged to see a growing list of market conditions confirming this view.
  • Most recently, a surge in shares of Chinese companies has our attention.
  • While bases are still the dominant structure in the medium and long-term, an extreme upside reading in trend and momentum suggest a new momentum move is underway.

This week's Weekly MOTR Chart

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