The World's Best ETF Trend Tracker!

Ryan Henry Has Had Over 200 FollowersPrevious "Hall of Fame" ChartList Author Rank: 8 Followers: 227 Votes: 252 Years Member: 11 Last Update: 17 April 2014, 9:56 Categories: ETFs
Elliott Wave Analysis
Trend Analysis

Daily Notes:
4/16 - The Bears and Bulls continue to trade blows as last week's weakness is being countered by strength this week. It may seem like more of the same, but it's actually looking like a win for the Bulls. That's because the Bears had an opportunity to break down in a trendy fashion off recent highs, and they didn't take it. This down move off April's high is looking corrective just like every other downside effort that's emerged over the past several weeks. This suggests that an actual resumption of the uptrend will occur sooner rather than later, but I'm still not interested in doing anything aggressive until it's clear that volatility has decreased. One ETF that is bucking the trend altogether is XLE. This guy is pressing to new highs like nothing ever happened. That's not a bad thing since it's one of our few remaining long positions that didn't get exorcised by recent chaos. We'll see if XLE can keep it up. That's it for me this week. Be careful out there and have a fantastic Easter holiday!


ABOUT US: We identify and trade the trends on 32 high-volume ETFs that span several different markets. We're not generalists - we tell you exactly how to trade and most importantly, when to give up on a trend and get out. This stuff works. Additionally, we identify where only the strongest trends are across the trading landscape to make sure your money is working as hard as possible. Please visit, follow, and vote often - this list is completely free but it takes a lot of time to maintain! Any feedback, direct to rhenry3369@yahoo.com.

Less

A1 Welcome!

click here to add comments

A2 ETF Trading Board

This chart is a one-stop shop for traders who simply want to know where to put their money, without poring through the details of 30 individual ETF charts!

Yellow Highlights - A New Position or New Stop Level
Blue Hightlights - Pending New Position
Green Text = Open Long Position/Bullish
Red Text = Open Short Position/Bearish
Black Text = No Position/Neutral

- ETF/Market: The name and ticker of the ETF
- Trend: The size of the current overall trend, measured from the last important mid/long-term turning point
- Entry Date: The date the current trade was entered
- Stop: Where to place your stop level to control risk
- Trend Score: A basic gauge on how trendy (or one-directional) the ETF has been over the past six months on a scale of 1 to 10. A 'trend score'
of 10 is the ultimate one-directional move - the ETF has only moved in one direction and that is exactly the type of move you want to trade. A 'trend score' of 1 means the ETF is very indecisive and has traded more sideways than directionally. Avoid these ETFs until directional movement returns.

A3 Today's Updates

This chart provides a quick blurb on the charts that were updated each day, so you don't have to page through them all to see what's new.

F Equity DIA Diamonds

click here to add comments

F Equity IWM Russell 2000

click here to add comments

F Equity QQQ Nasdaq 100

click here to add comments

F Equity SPY Spiders

click here to add comments

G Commodities DBA Commodities

G Commodity GLD Gold

click here to add comments

G Commodity SLV Silver

click here to add comments

This information is presented for education purposes only. StockCharts.com is not responsible for any comments, advice, or annotations presented on this page. Please review our Terms of Use for more details.