Global Safe-Haven Index (SHIX)
Our risk indicator has been enhanced with the inclusion of four new factors, which takes the total inputs to eight.
They now include:
1. Gold Futures
2. TLT (Bonds)
3. Japanese Currency Index
4. Swiss Currency Index
5. S&P Low Volatilty
6. iShares Emerging Markets (Inverse)
7. USDKRW ( US Dollar / Korean Won) - Trade War Component
8. Copper Futures (Inverse) - Global Growth & Trade War Component
Technically, the price has broken the incline support gong back to April, with and in a while the price has shifted to below the near term moving averages.