RYDEX BULL/BEAR COMPOSITE
APPLICABLE TIME FRAME(S):
INTERMEDIATE
UPDATE SCHEDULE:
Each weekday morning by 3:00 AM EST for the previous day's activity. Rydex does not release their data until late in the evening or early the next morning, so there will sometimes be an even longer delay with this data.
EXPLANATION:
This chart is simply the bull flow overlaid on top of the bear flow. The purpose is to allow you to see the asset flows between the two categories of funds in one graph. When the bull flow (the green highlighted area) becomes "high", let's say more than +20%, while at the same time the bear flow (the red highlighted area) becomes "low", say -10%, then that often corresponds to a peak in optimism by these market timers. By extension, it also coincides with a peak in general investor sentiment and a market high is normally put in soon thereafter.
GUIDELINES:
The same guidelines would be used for the individual bull and bear flows.
ADDITIONAL RESOURCES:
Rydex mutual fund family (www.rydexfunds.com)
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