On July 23, 2026 it was noted that the NAAIM Exposure Index continued to follow the summer 2021 pattern. The Exposure Index data has since been placed behind a paywall, and evaluating investment managers expectations is not possible. In addition to the NAAIM Index, the New Highs – New Lows index indicates a very short term move to its upper trend line is possible before moving lower. This move is expected to happen in a matter of days. The S&P500 is also following a 8.99 degree upper trend line, just like it did in 2021. It appears time is short before markets start moving lower.
Note that this information is for educational purposes only and not a recommendation.
Stock charts courtesy of StockCharts.com.
