My Dow Jones ETF (DIA) confirmed on Friday. Last positive confirm was 2/5/15 and it didn’t last too long. I had an A Up on Wed (164.92) but then there was a strong Friday pull back below that level so that puts the number line and A levels a bit at odds. Additionally the monthly is not close to confirming that A up so I wouldn’t shuffle anything yet.
My High Yield Bond ETF (HYG) confirmed on Friday. It had a monthly A up on the 8th at 86.23 but has fallen back and closed (entire daily bar) below that level. For me it lost its positive bias and I’ll watch it with a raised eyebrow before taking a bite.
Silver (SLV) confirmed on Wed and had a monthly A Up yesterday. Is it going to rally?
My SPY, like the DIA, is now number line confirmed but it too has closed well below its monthly A up at 197.61.