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Asset Allocation Results November 2014

|Includes: SPDR S&P 500 Trust ETF (SPY)

Relative Strength Asset Allocation Model performance results for November are shown below.

Asset Allocation Models

The market levels indicator is still flashing some warning signs. The Market Levels indicator has been moving into the upper range and is now well into the upper yellow "caution" zone area of chart. Typically this indicates the market is running out of steam.