My latest No Load Fund/ETF Tracker has been posted at:
The sideways pattern continued although the major indexes managed to close slightly higher.
Our Trend Tracking Index (TTI) for domestic funds/ETFs has now crossed its trend line (red) to the upside by +2.96% keeping the current buy signal intact. The effective date was June 3, 2009.
The international index has now broken above its long-term trend line by +1.74%. A Buy signal was triggered effective May 11, 2009. We are holding our positions subject to a trailing stop loss.
[Click on charts to enlarge]
For more details, and the latest market commentary, as well as the updated No load Fund/ETF StatSheet, please see the above link.