Relative Momentum of Weighted vs Equal Weight Index ETFs
Relative Momentum of Various Asset Classes SPY - Equities GLD - Precious Metals VNQ - Real Estate TLT - Long Term Treasuries JNK - High Yield Corp Bonds SHY - Short Term Treasuries MUB - Municipal Bonds BTCUSD - Crypto-Currencies DBC - Commodities
Relative Momentum of International Equities SPY - US Equities ACWI - Global Equities ACWX - Global Equities excluding US EEM - Emerging Market Equities EFA - Developed Market Equities
Relative Momentum of US Equities SPY - Broad Market / Large Cap Equities DIA - Dow Jones QQQ - Nasdaq / Large Cap Growth IWM - Russell2000 / Mid Cap Blend IWV - Russell3000 / Small Cap Blend IWC - Micro Cap Blend SPYV - Large Cap Value SPYG - Large Cap Growth VXF - Extended Market Ex S&p500
Dear day traders, RMI still above 50, as I have commented on previous idea, the price will only go down when the RMI shows a massive negative slope. Money Flow still confirms solid buying power. Still, the 15min chart already signaled some weakness. I would still hold on to BTC position and have a stop loss at 8090, but I don't advise against going short now. I...