Replies to post #713 on ETFs, Leveraged ETFs, Sector Funds

[No-Quarter]

I have tried a few things with it. I don't have anything to brag about yet. Here is where I left off -



It is my replication of the first chart in this article -

https://www.mcoscillator.com/learning_center/weekly_chart/rydex_assets_levels_show_investor_sentiment/

Is June 2019 looking a bit like Dec 2018? I don't know yet.

I intend to play around with this at some point. I will let you know if it is fruitful.

BTW, last Friday I moved money in my 401k and HSA out of cash and bought FSPHX and VEIRX respectively.

GLTY

[No-Quarter]

I'm kinda liking this set up of a 6mo, 2mo, 1mo stack of charts.





I found EMA's provided clearer cross over points than simple MA's on the candlestick chart. I used an MA on the MACD Histogram I placed behind the bar chart to be consistent with other charts I use.

Histogram bars above or below the zero line (left side of chart) are telling of trend direction and trend strength. Taller bars are more meaningful than shorter ones. Trend direction changes when bars are near their height extreams are more meaningful than trend directions changes when bars are short and near the zero line.

The 6EMA and 10EMA alone on the 6MO bar chart are at times on top of each other. The 10EMA and 20EMA alone lagged to far behind on the 1MO bar chart. I tried all three at the same time and think they work on all three charts to provide trend direction and define cross over points.

I think the 6mo chart provides perspective, the 2mo chart is the most useful, and the 1mo chart provides clarity.

The way I would read this chart is today (13JUNE) is a cross over point of the 6EMA and 10EMA lines, and is a signal to get out of cash and back into the market. The rather tall histogram bar today would add emphasis to this signal.

I now have these three charts stacked like this occupying a full page of my PowerPoint document I review each morning before the market opens. I will give this a try for a few weeks/months and see if it has value.

GLTY