The World's Best ETF Trend Tracker!

Ryan Henry Has Had Over 200 FollowersPrevious "Hall of Fame" ChartList Author Rank: 8 Followers: 231 Votes: 248 Years Member: 11 Last Update: 24 April 2014, 11:45 Categories: ETFs
Elliott Wave Analysis
Trend Analysis

Daily Notes:
4/23 - There wasn't a ton to get excited about in today's session. Most things pulled back a bit, not enough to make a statement but enough to suggest that a test may be in the works. Most ETFs have already told us in no uncertain terms that recent weakness is NOT important and is just a pause ahead of further strength. However, nothing says the corrective weakness is over. That's what this test looks to be about. If price remains strong, it will greatly increase the likelihood that the overall uptrends that exist in most places has resumed. If instead price weakens again, we'll know that the corrective down moves are still in play, forcing us to wait a bit longer for the true resumption of the uptrend. Stay tuned!

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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