Here are some of the most noteworthy trendline developments across the markets for Wednesday, October 30, 2019.
Value Line Geometric Composite $VALUG Testing Post-2018 Down Trendline
Equal Weight Commodity Index Testing Post-2011 Down Trendline
$VIX Testing Post-2017 Up Trendline
Europe’s STOXX 600 Index Breaking Post-2015 Down Trendline
Metals and Mining SPDR $XME Testing Post-2018 Down Trendline
Aussie Dollar Fund $FXA Testing Post-2018 Down Trendline
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Disclaimer: JLFMI’s actual investment decisions are based on our proprietary models. The conclusions based on the study in this letter may or may not be consistent with JLFMI’s actual investment posture at any given time. Additionally, the commentary provided here is for informational purposes only and should not be taken as a recommendation to invest in any specific securities or according to any specific methodologies. Proper due diligence should be performed before investing in any investment vehicle. There is a risk of loss involved in all investments.