Interesting alerts/signals that occurred this week include:
- UDOW – Dow Ultra ETF continued its move up from lows set in early October
- CLOU – Global Cloud Computing moved up sharply during the week reflecting the move to virtual server farms which can save companies significant capital expense
- XLY – Consumer Discretionaries continued upward perhaps underlining the strength of the consumer
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=54 /]