ETF SWING & DAY TRADING

[CaribbeanJim]

Kovu - Japan, USD

I would be careful with Japan because of the 8yr Cycle Low that has yet to occur. ALL global indexes suffered during the previous 8yr cycle low (in 1998) ... at the same time. If you think we are starting our 8yr cycle low now, no global indexes are safe. If you are looking to start a position for a diversified portfolio and are less concerned about the 8yr cycle correction, you may want to consider adding Japan in when RSI(14)<30, at the 200dema, etc. If you are looking for an intermediate-term Nikkei bullish play, I would wait until after the 8yr cycle low has occured in the US.

USD - That looks like a potential short play as soon as the daily comes back up to the upper bollinger band or the 50dema. Notice how it blew right through what should have been support at $86. I would not consider playing it long for intermediate-term play because ALL of the major moving averages are lined up bearishly.

For a long play, I would look at RRPIX. I plan on adding to it at the bollinger band mid-line. This Profunds Rising Rates Fund is coming out of a 3+yr bear and is doing extremely well.