This market-timing model nailed the 2022 meltdown. Now it’s warning that stocks are a ‘dead cold sell.’

A little-known market timing indicator with a spot-on track record has just flashed a “dead cold sell” signal.

The indicator appears in the Value Line Investment Survey, published weekly by Value Line

VALU. It is the median projection from the firm’s analysts of where the 1,700 mid- and large-cap stocks they track will be trading in three to five years. Devotees of this market-timing indicator refer to it as VLMAP, for Value Line’s Median Appreciation Potential.