Sunday, September 25, 2016

Short-Term Trend (23 Sep 16)

When the stock trades above the 20-SMA, it is considered to be in a short-term uptrend.  When it trades below the 20-SMA, the short-term trend is considered down.  

Benchmark
Symbol
Price
20-SMA
Market Trend
S&P 500
SPY
215.99
215.43
Uptrend
Russell 2000
IWM
124.81
123.27
Uptrend
Nasdaq 100
QQQ
118.33
116.78
Uptrend
Wilshire 5000
VTI
111.15
110.75
Uptrend

If the short-term trend is up, use bullish leveraged ETFs.  If the short-term trend is down, use inverse leveraged ETFs.

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