Health check Market with ETF Market Snapshot
Quick glance at color coded Market snapshot provides a visual cue to be in Market or on sidelines. Three out four trades will be a success if you are on right side of market.
It is grouped by Popular Indices, Bond, Sector, Commodities, European, Asian, Americas and Africa/Middle East Indices. For each group three important criteria are shown: short term trend (50 day SMA %), long term trend (200 days SMA %) and RS ranking.
ETF's Price above its SMA is in green and below is in red. ETF's RS above 80 is in green, between 67 and 79 is in yellow, and below 33 is in red
If both 50 day SMA and 200 day SMA columns are green mean bullish trend as seen on June 01, 2009 for European, Asian indices
If both 50 day SMA and 200 day SMA columns are tan mean bearish trend as seen for Bond indices.
This means your portfolio should be more in stocks and less in bonds. The percentage weighting depends on your risk tolerance and investment horizons.
Short term bearish => Reduce market exposure by trimming back your portfolio.
Both brearish => Get out of market or significantly reduce market exposure.
Short term bullish => Increase market exposure by getting back into market.
Both bullish => Invest significantly into market in appropriate group(s)