SMU Key Market Indicators: There is Positive Momentum

An explanation of the Key Indicators concept is given at the end of this piece for those readers who are unfamiliar with it.

The total number of indicators considered at present is thirty six. The present situation of eleven of the indicators based on historical standards was positive on October 31st and thirteen were negative; this was no change from last month’s report. This continues to be the best result since this analysis was first published in March when seven indicators were positive by historical standards and fourteen were negative.