Sunday, November 6, 2016

Short-Term Trend (4 Nov 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
208.55
212.84
Downtrend
Russell 2000
IWM
115.74
119.77
Downtrend
Nasdaq 100
QQQ
113.65
117.24
Downtrend
Wilshire 5000
VTI
106.79
109.18
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