During my regular analysis I found that there has been already divergence in action of some sectors and their ETFs.

There are 3 groups in sector ETF list in my stock analysis software: Strong (bullish), Neutral, Weak (bearish)

Actually I have in bullish list these ETFs: XLP, RTH,  ITA

And in Bearish list these ETFs: BDH, WMH, IYR, XHB

Here is example of WMH index bearish weekly chart.

I am going to prepare some ETF trades with these ETFs in my ETF strategy for my fund.

This entry was posted on Sunday, October 18th, 2009 at 12:43 pm and is filed under ETF analysis, ETF trade setup, Stock chart analysis, Stock pick. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.