Conclusion, Investment Implications, Strategy

Table 1 shows that, as of the close yesterday May 18th, all of our Asbury 6 key internal market metrics have turned back to Positive.  Four or more metrics in one direction, either Positive (green) or Negative (red), indicate a tactical bias.

Table 1

Chart 1 below highlights the Asbury 6’s signals since late 2018

Chart 1