Sunday, December 11, 2016

Short-Term Trend (9 Dec 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
226.51
220.48
Uptrend
Dow 30
DIA
197.69
191.15
Uptrend
Russell 2000
IWM
138.31
132.35
Uptrend
Nasdaq 100
QQQ
119.50
117.47
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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