Introduction to the TLI
TOGGLE takes a vast universe of financial and market data, looks for relationships between drivers and price action, and then generates insights on those that have had meaningful historical behaviour.
The team wanted to come up with a single indicator that could be used to gauge US markets. The research culminated into the Toggle Leading Indicator aka the “TLI”; an aggregate measure based on insights across 5,000 US equities. The goal was to help investors understand prevailing market sentiment and likely price action in the S&P 500 - essentially creating a leading indicator based on historical data.
Check out this video for a detailed walkthrough!