On September 21, 2024 it was noted that the NAAIM Weekly Exposure Index revealed a repetitive pattern along a 17.33 degree trend line. It also noted that if the NAAIM index moved above the red trend line, markets would trend higher. As of September 25, 2024 the index dropped to 86.64. This indicates active money managers are reducing their equity exposure. It also indicates a higher probability of stock markets declining, as they did in October 2023 before moving higher.
Note that this information is for educational purposes only and not a recommendation.
