Monday, March 01, 2010
MLR Rotator & BZX
I've also been fiddling with the previous XLF component Rotator and have added a few related ETFs into the mix in an effort to better discern likely momentum patterns. New to the XLF (now Financials) model are KBE (regional banks), KIE (insurance), TLT (20 year bonds) and SKF (ultra short financials). All ETFs have good daily volume and narrow spreads making them viable daytrading and/or short term swing trading candidates.
Interestingly, TLT pops up in slot #1 for the Financials rotator also.
This chart in intended to serve as an adjunct to the VIXEN layout and is designed to help forecast short term market momentum from a somewhat unorthodox perspective.