Interesting alerts/signals that occurred this week include:
- Direxion Financial focused ETF symbol FAS move up this week.
- VFH – Vanguard Financials ETF moved up sharply after a small pullback from the week before.
- IVW seems to be moving up from the support low made in July. Prices are still below the cloud so some caution might be warranted.
- Tech loaded XLK seems to have moved up from a bottom but is no longer on the best performing list.
Before entering new positions it helps to know about market action, you can view weekly videos here: https://profitableswingtrading.com
As always try to attempt new positions on ETFs already in uptrends (symbols with ADX greater than 15 or 20 and increasing).
Here is the sortable table of the top ETFs for this week:
[table id=48 /]