Future Retirement Success
  • Politics
  • Business
  • Investing
  • Stocks
  • Politics
  • Business
  • Investing
  • Stocks

Future Retirement Success

Stocks

Improving Odds by Focusing on ETFs with Leading Uptrends

by August 29, 2022
August 29, 2022
Improving Odds by Focusing on ETFs with Leading Uptrends

Traders can improve the odds of success by focusing on ETFs in leading uptrends. TrendInvestorPro identifies such ETFs with a table that shows Trend Composite signals and the 52-week range indicator. These ETFs are then singled out for chart analysis as we feature the DB Energy ETF (DBE) today.

The table below shows the top performing ETFs within the All Weather List, which contains 50. It is sorted by the 52-wk Range column (right). ETFs with scores above 90 are near 52-week highs (UUP), ETFs with scores near 50 are in the middle of their one year range (XES) and ETFs with scores below 10 are near 52-week lows (GDX). This table shows the top ten for reference.

 

The Dollar Bullish ETF (UUP) is by far the strongest with a value of 99, and near a 52-week high. The Utilities SPDR (XLU) is second with a value of 86. We then have three energy-related ETFs, the Energy SPDR (XLE), Oil & Gas Exploration & Production ETF (XOP) and DB Energy ETF (DBE). In fact, four of the top ten are energy-related with the Oil & Gas Equipment & Services ETF (XES) bringing up the rear.

The table above also shows the Trend Composite signals with the signal dates and percentage change since the signal. The DB Energy ETF (DBE) has been in an uptrend for over 500 trading days. My basic strategy is to identify tradable pullbacks within uptrends and DBE fits the bill right now. The ETF hit a new high in June and retraced half of the December-June advance with a decline into the 23 area (50% on chart). Think of this as two steps forward (green arrow) and one step backward (red arrow). DBE then firmed into August and is on the verge of breaking resistance (red shading). A breakout would signal an end to the correction (one step backward) and a resumption of the bigger uptrend (two steps forward).

The vast majority of stock-based ETFs in the TrendInvestorPro universe are in downtrends and the Composite Breadth Model has been bearish since April 11th. This means the focus should be on ETFs with lower correlations to broad market movements and on non-stock ETFs. As such, our recent focus has been on inflation-index bond ETFs, energy ETFs and agriculture ETFs. Click here for immediate access to our reports and weekly video.

The StochClose, the Trend Composite, ATR Trailing Stop and eight other indicators are part of the TIP Indicator Edge Plugin for StockCharts ACP. Click here to take your analysis process to the next level.

—————————————

0
FacebookTwitterGoogle +Pinterest
previous post
At the Edge of Chaos: Don’t Fight the Fed; Do Look for Opportunities
next post
Key learnings on what is needed to successfully manage growth 

You may also like

Why This Latest Bull Market Advance Is So...

February 4, 2024

Utilities’ Unique Seasonal Powers: The Best Months to...

January 19, 2024

GNG TV: Finding Outperformance in Choppy Markets

February 16, 2023

Top 5 ACP Features & Chart Enhancements in...

December 31, 2022

Three Ways to Visualize the Start of a...

October 23, 2024

S&P 500 Equal Weight ETF Gains Strength

July 30, 2024

GNG TV: US Equity Go Trend Reaches Downtrend...

December 1, 2022

Will the QQQ Sell Off in January? Here’s...

December 13, 2024

Multi-Timeframe Trade in Tesla

January 12, 2023

Charting the S&P 1500 Zweig Breadth Thrust –...

November 18, 2023

    Get free access to all of the retirement secrets and income strategies from our experts! or Join The Exclusive Subscription Today And Get the Premium Articles Acess for Free

    By opting in you agree to receive emails from us and our affiliates. Your information is secure and your privacy is protected.

    Recent Posts

    • Trump ally stands firm against ‘big, beautiful bill’ despite pressure: ‘It’ll completely backfire’

      June 8, 2025
    • Rubio condemns assassination attempt on Colombian presidential candidate Miguel Uribe

      June 8, 2025
    • Obama WH physician says Biden doc should have performed cognitive test

      June 8, 2025
    • Trump warns of ‘serious consequences’ if Elon Musk funds Democrats

      June 7, 2025
    • Musk jokes about reconsidering stance on Big Beautiful Bill after Schiff’s praise

      June 7, 2025
    • Musk deletes explosive posts about Trump and Epstein files

      June 7, 2025

    Categories

    • Business (8,152)
    • Investing (2,019)
    • Politics (15,571)
    • Stocks (3,136)
    • About us
    • Privacy Policy
    • Terms & Conditions

    Disclaimer: futureretirementsuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice. The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.

    Copyright © 2025 futureretirementsuccess.com | All Rights Reserved