Top 5 short-term timing systems results for major ETF's, based on a series of 40 back-tested systems, and a 3-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. Systems can generate a plethora of trading signals (some trade once or twice in a year, others can trade several times per month).
The chart below should be used as a general view of market trend, in conjunction with an overall assessment of the markets. The value in the signals is in assessing the shift week-to-week, as well as the overall signal weight (i.e. 4 long and 1 short = "long"). Often a frequently-trading system will flash a signal that is contrary to the majority of the signals for a particular ETF. This represents a short-term swing trade signal and tends to follow periods of high market volatility.
Last updated following 8/28/2015 market close.