The World's Best ETF Trend Tracker!

Ryan Henry Has Had Over 200 FollowersPrevious "Hall of Fame" ChartList Author Rank: 8 Followers: 227 Votes: 261 Years Member: 11 Last Update: 15 April 2014, 19:10 Categories: ETFs
Elliott Wave Analysis
Trend Analysis

Daily Notes:
4/15 - The best words I can think of to describe current price action is to call it loose volatility. We're seeing multiple intraday moves seperated by sharp intraday reversals. Obviously there is some indecision out there. Add this to the fact that price has made a habit of triggering several false breakout moves lately where new highs have been quickly followed by sharp reversals, and it becomes harder and harder to justify doing anything aggressive in this marketplace. One place we have decided to get involved is on SLV (with GLD likely to follow shortly). There are no two ways about it, these guys look bearish based on everything we see on their chart, so we'll do our best to participate in those moves. Otherwise, err on the side of caution until this market simmers down a little bit.

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.

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A1 Welcome!

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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

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F Equity IWM Russell 2000

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F Equity QQQ Nasdaq 100

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F Equity SPY Spiders

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G Commodities DBA Commodities

G Commodity GLD Gold

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G Commodity SLV Silver

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