Backing Off…

On the close the Climate Tech Model, drastically adjusted leverage level downward to 0.40 area from the 2.40 area maintained during this early stage of the stock rally. The overall leverage range of the model is maintained between -3.0 and +3.0 depending on the bearish or bullishness of the pattern.

The situation is simply, the structure of the market is not supportive of the price level at this time.