ETF Focus: US Equities

Preface to this whole series of ETF Focus articles: The stock market from January 4 through early February 24th was like an action movie. The market from late February 24th through March 25th was like watching the end credits roll. Perhaps we’ll see an other sea change soon, but regardless, I have grouped together a few similar ETFs and have put remarks in the caption area.

The “diamonds” (based on the Dow 30) isn’t a clean top but has a nice series of lower highs

The small caps, however, is as clear as can be. The ranges are very well defined, and the bulls or bears can claim victory when the price finally breaks out of its present range.

The S&P 100 fund, like the SPY, isn’t especially clean, but at least lower highs are in place.

The horizontal in blue is an important Fibonacci level, which is where the market found solid support

The industrial fund XLI has one of the cleaner tops out of any of these.

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