ETFs On The Cutline – Updated through 4/29/2011

Ulli ETFs on the Cutline 2 Comments

With equities gaining strongly last week to close out the month, surprising moves to the upside happened around the cutline (trend line) as well. The Clean Energy ETF (PWB) rallied from a +2 position to +16 solidifying its rank on the bullish side. However, its momentum figures (see table) are still on the weak side. The same applies to the …

ETFs On The Cutline—Updated through 4/21/2011

Ulli ETFs on the Cutline Contact

This week, you’ll notice again that ETFs do not remain in the same position in relation to the cutline for very long when market weakness or strength sets in. With the last few trading days having been bullish, some ETFs improved their positions. Moving above the cutline to a +3 position from -1 last week, was PFF, which now also …

ETFs On The Cutline—Updated through 4/15/2011

Ulli ETFs on the Cutline Contact

In this latest edition, you’ll notice again that ETFs do not remain in the same position in relation to the cutline for very long when market weakness sets in. For example, DFJ, which had a +1 placement last week, sold off sharply and ended up in the -12 position. The lesson is that you need to have ETFs move above …