Saturday, October 15, 2016

Short-Term Trend (14 Oct 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
213.12
214.98
Downtrend
Russell 2000
IWM
120.43
123.18
Downtrend
Nasdaq 100
QQQ
117.14
118.08
Downtrend
Wilshire 5000
VTI
109.37
110.56
Downtrend

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

No comments:

Post a Comment