FYI: This morning, our Trend Analyzer is more or less unchanged from this time last week. With the exception of the Nasdaq (QQQ), every major US Index ETF is in the same section of its trading range as five days ago. Along with QQQ, the Micro-cap ETF (IWC) is currently oversold while all others are unchanged at neutral. The Dow (DIA) has seen the largest downward movement within its trading range recently. It had been the only name above its 50-DMA, but with losses for a solid portion of last week, it has fallen closer to oversold. Despite this, unlike its peers, the ETF has still held onto its uptrend.
Regards,
Ted
https://www.bespokepremium.com/think-big-blog/trend-analyzer-11-19-18-flat/
