By Chris Kimble of Kimble Charting Solutions (Guest Post)
On May the 18th I pointed out that sometimes it can pay for investors to put their money in a “Shoe Box” and not have their investment assets at risk. Below is the original chart, reflecting that key “credit based” indicators were very close to sending the first “Shoe Box Sell Signal” since the 2007-2008 time frame. As I pointed out in the original commentary, the two indicators posted on the top half of the chart are designed and driven by different types of sensitive credit issues in the economy. I’ve found that since the late 1990’s both…
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