Wednesday, September 19, 2012
T 3 Update ...9.19.12 (Revised)
TLT signal updated as of 11:30 AM PST.
We had no new alerts on the board this morning as the top 3 ranked ETFs play a little daily shell game rearranging their positions.
Note that bond SHY has replaced bond IEF in the mix. A closer study of the interaction in the various bond ETFs indicated SHY works better with AGG and TLT than IEF, hence the replacement.
GLD continues an impressive run as #1 ranked while the laggers are clearly TLT and XLU.
TLT is showing some MRSI and DB momentum in real time but entry signals have not fired yet.