Scott Schlegel’s Stock Market Indicators – January 13th, 2020

Here are the latest readings from my proprietary stock market indicators. Overall it’s not a great time to be buying. However, that is not to say that stocks will not continue upwards until something changes. It’s just now is not like December 2018 or 2015.

Ultra short term is slightly above neutral. Not yet overbought.
Short term is neutral.
Medium term is neutral and completely decoupled from the S&P-500.
Long term getting to slightly overbought.