After setting a new all-time high on September 20, the stock market has since slid into official “correction” territory, normally defined as a drop of at least -10% from a prior high. The pace and extent of this decline has been such that Upgrading’s new 2.0 defensive protocols have now been turned on.

Given that it’s been a full year since we unveiled these changes to the Upgrading system in our January 2018 cover article, SMI’s Fund Upgrading Strategy Evolves: Introducing Upgrading 2.0, we thought it would be helpful to review what this means, as well as how the protocols are applied.