My latest No Load Fund/ETF Tracker has been posted at:
Another interest rate cut was all the bulls needed. Despite negative economic news, the major indexes closed sharply higher.
Our Trend Tracking Index (TTI) for domestic funds/ETFs moved to +1.42% above its long-term trend line (red), back into bullish territory. To avoid a whipsaw signal, I will wait for further upside confirmation before moving back into the domestic market.
The international index dropped to -4.24% below its own trend line, keeping us in a sell mode for that arena.