As of January 28, 2026 the NAAIM Exposure Index is 92.58. This index is still below the October 2025 to January 2026 trend line shown in the following NAAIM chart.
Readings from January 28, 2026 had a standard deviation of 46.41. November 24, 2021 readings showed a standard deviation of 46.63. Using these readings, S&P500 chart structures were measured for their alignment. The following shows that November 24, 2021 and January 28, 2026 S&P500 charts are in alignment. This indicates a pullback in the markets would be expected before mid-April when tax payments are due.
Note that this information is for educational purposes only and not a recommendation.
Data source: NAAIM Exposure Index
