Sunday, October 2, 2016

Short-Term Trend (30 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
216.30
215.15
Uptrend
Russell 2000
IWM
124.21
123.09
Uptrend
Nasdaq 100
QQQ
118.72
117.23
Uptrend
Wilshire 5000
VTI
111.33
110.66
Uptrend

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