Fund Rankings Update, 7/26/2013

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at http://sites.google.com/site/ycprankings
and 
HSA Ranking Table
SSPP Ranking Table
New SSPP (RSP) Ranking Table
Select Ranking Table
ETF Ranking Table
sETF Ranking Table
iETF Ranking Table
SSPP, RSP and HSA Trading Logs
Select and FEMKX Trading Logs
ETF, sETF and iETF Trading Logs

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Stocks trying to digest their lofty gain since end of June ended mix this week  S&P 500 index closed  at 1691, down 0.03%, Dow Jones Industrial Average gained 0.10%, and Nasdaq composite increased 0.71% for the week.

S&P 500 index is approaching the round number resistance of 1700. It failed to break above the level three times early in the week and then went into consolidation after Wednesday. On Friday, it reversed the early loss of 14 points and ended up 1 point higher. It seems that the index is taking a rest to prepare for its next wave of attack of 1700. The uptrend has been very strong, and we will ride the trend up until the chart says otherwise. 


Daily Chart of S&P 500 index





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