Trading signal occurs in ETF model portfolio: Sell EWJ, Buy IBB
Upward momentum carried stocks to record high as S&P 500 index stands at 6.7% above its trend line. For the week, S&P 500 index closed at 3221 up 1.65%, Dow Jones Industrial Average gained 1.14% and technology laden NASDAQ composite index increased 2.18%.
Weekly chart of S&P 500 index |
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