US Index ETFs in a Neutral State of Mind By: Bespoke | April 24, 2018
In the “trading range” section on the right side of the tool, the dots represent where the different ETFs are currently trading relative to their 50-day moving averages. As shown, none of the ETFs are trading in overbought or oversold territory, and last week at this time, only one ETF was in overbought territory.
At this point, the large-cap index ETFs are below their 50-day moving averages, while the mid-cap and small-cap ETFs are mostly above their 50-DMAs.
Information posted to this board is not meant to suggest any specific action, but to point out the technical signs that can help our readers make their own specific decisions. Your Due Dilegence is a must! • DiscoverGold
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