Fund Rankings Update, 11/28/2014

Weekly Average Momentum Index (AMI) rankings of HSA, SSPP, RSP, SELECT, ETF, iETF, sETF have been posted at "Rankings", "Trading Logs" pages, and  http://ycprankings.awardspace.us/RankingTables.htm.

Collapse of Oil prices on Friday did to stop the rise of  major indices in this holiday shorten week.   S&P 500 index closed at 2067, up 0.2%. Dow Jones Industrial Average gained 0.1%, and Nasdaq composite index increased 1.67%.

After the "V" shape bounce in mid October, the S&P 500 index has been in the rising trend with high momentum. The up trend is expected to last, however, the index is currently trading at the top of its rising channel and a slowdown to digest the gain may occur in the next few weeks. 

Weekly chart of S&P 500 index