ETF Trends, Patterns and Setups – Dozens of ETFs in Trend-Monitoring Phase, Banks Break Out, XBI follows IBB and Metals Make a Move (Premium)
There are dozens of ETFs in the trend-monitoring phase because their setups evolved in February-March, they broke out at least a month ago and moved higher the last two months (or more). There is no real analysis to be done with these ETFs because they are in their post-breakout moves (trend-monitoring phase). Today’s report will show charts for these ETFs first.