TrendFlex signals for the major ETF's below are presented along with the Top 5 timing systems that beat "buy and hold," based on a series of 40 back-tested systems and a 6-month time horizon. The timing systems are pre-defined in MetaStock based on traditional technical analysis tools and proprietary systems built by market technicians and offered in MetaStock.
Baseline Analytics provides both the TrendFlex and MetaStock signals to look for alignment in the trend's characterization. Also useful is to observe the weekly changes in the signals, which can provide an early indication of a trend shift.
|ETF||TrendFlex Signal||Top 5 MetaStock Signals||Comments|
|SPY||Short||5 Short/0 Long||
|DIA||Short||4 Short/1 Long||
|QQQ||Short||3 Short/2 Long||Technical damage not as severe as DIA and SPY|
|IWM||Short||5 Short/0 Long|
|VGK||Short||2 Long/3 Short||Interesting triple bottom formation near current price|
|EEM||Short||5 Short/0 Long||Downtrend continues|
|GLD||Short||5 Short/0 Long||GLD continues to struggle to form a bottom|
|TLT||Long||2 Long/3 Short||TLT is oversold at major support; CCI buy signal Friday|
|UUP||Long||2 Long/3 Short||Short-term technical buy signals for UUP|