Rough Week Leaves DIA the Last Man Standing

Arthur Hill
by Arthur Hill,
Chief Technical Strategist, TrendInvestorPro.com

Stocks came under selling pressure over the past week with small-caps bearing the brunt. The PerfChart below shows the performance for eight major index ETFs over the past week. Seven are down and only one is up. The Dow Diamonds (DIA) has the only gain. The Russell 2000 iShares (IWM) and Equal-Weight S&P 500 ETF (RSP) led lower. In his recent commentary, Martin Pring noted that news highs in the Dow were not telling the whole story (subscription required).


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Arthur Hill
About The Author:

Arthur is the Chief Technical Strategist at TrendInvestorPro. Focused primarily on US equities and ETFs, his systematic approach of identifying trend, finding signals within and setting key price levels has made him an industry-leading technician. Learn More 

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Using Relative Rotation Graphs to Visualize Sector Rotation

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Emerging Markets May Be on the Cusp of a Major Breakout

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Martin Pring
by Martin Pring,
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