An average of the ETFs I track is currently giving a neutral signal, as one would expect. The 50 EMA has been providing support at 50.88 as the index itself finished the week at 51.02. I’d actually look for a close under that 50 EMA before I’d get too aggressive with my short positions. We
Attitrade Index At New Highs
Not quite sure what to make of this, but after today’s price action my index is at a new multi-year high. In fact, my data only goes back to January of 2006 and this is the highest level ever. The last sell signal generated was back on 8/31/10 which was quickly changed to neutral the