Today’s video will focus on the core ETF charts. We will start with the scatter plot and see that the bond ETFs in the upper left, which means they are oversold and in uptrends. On the ranking tables, ETFs related to Consumer Discretionary, Healthcare and Technology are leading. I continue to follow the Chandelier Exits for several ETFs as their uptrends extend (XLY, ITB, XRT). Elsewhere, the gold and silver ETFs are turning volatile, the REIT ETFs are looking vulnerable and the Dollar could be springing a bear trap.
The ChartBook and Ranking Tables can be found just below the video and these were updated on Thursday.