In a long term Bear Market, FedEx (FDX) today plunges to another major bearish reversal at the $150 level. The chart shows 5 Years Monthly.
FedEx trendfollowing update
Gold trend following update Sept 11, 2019
gold support and resistance
Spot gold (/gc) as of the close 9-10-2019 Medium term reversal (support and resistance) is at $1,502.
Gold Miners Index trend following update 9_03_19
Sept. 03, 2019 After the open of the cash market, The Gold Miners Index (GDM) (GDX) after a 3 week consolidation, is doing another Weekly (lookback) breakout. The Index is trading way in excess of a 20% annualized rate of return over a 200 day moving average.
Gold and Gold Miners trend following update August 22nd 2019
Spot Gold (/gc) is consolidating with support at $1,501.
The Gold Miners Index (GDM), is consolidating with support at $777.50.
Trend following the Sector SPDRS August 19th, 2019
Looking at the 11 Sector SPDR ETFs, and The S&P 500 Index ETF “SPY”.
Looking at the 11 Sector SPDR ETFs, and The S&P 500 Index ETF “SPY”.
After the open today, using strategy of at least a 20% annualized rate of growth, over 40 Weeks, the ETF is above or below trend and by how much as a percentage.
Symbol % Diff
XLRE Real Estate 2.8
XLK Technology 2.6
XLP Staples 1.1
XLU Utilities 0.4
XLC Communications -1.7
SPY S&P 500 Index -2.5
XLY Discretionary -2.6
XLB Materials -3.5
XLI Industrials -4.8
XLF Financial -5.5
XLV Health -5.8
XLE Energy -14.8
Trend following stock indexes ranked 8_09_2019
Gold and Gold Miners at the top
Ranking the indexes using relative strength of a Fixed Rate of Return of 20% annualized growth rate, over a 200 day moving average.
S&P 500 Index trend following update – August 2nd.
As of the close of Friday August 2nd.
The index crossed under the 20% annualized growth rate this week. So therefore is is on the sell list.
S&P 500 Index chart, the bottom panel is the 40 week moving average of the 20% annualized growth rate:
