Gold ETF trend investing update 06-23-2020

Trend filter benchmark: 20% annualized rate of growth over a 200 day moving average.

The Gold ETF (GLD) is trading 4% above trend. By comparison, the Nasdaq 100 Index ETF (QQQ) is trading 11.2% above trend, and, the S&P 500 Index ETF (SPY) is trading 3.3% below trend.

Published by Trendanomics

Trend trading analysis of the markets with simple trend trading strategies.

Leave a Reply

Fill in your details below or click an icon to log in: Logo

You are commenting using your account. Log Out /  Change )

Google photo

You are commenting using your Google account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s

This site uses Akismet to reduce spam. Learn how your comment data is processed.

%d bloggers like this: