8/26/2017 index ETF signal update

SP500 ETF: SPY

1. Both percent of stocks above 50 days MA (around 41) and 100 days MA (around 48) were still in comparable low in 2017 and start to move back up
2. Both breadth and volume oscillators continue moving up, the recent down trend may reverse soon. 
3. The PMO signal start to show life and turn north, if it can cross up its own 20 days MA, the buy signal is confirmed
4. buyers entry: 243.5, 244
5. sellers entry: 245.5, 246.5

A reference from last September: when SPX touched bollingar band middle line on weekly chart, the price bounced up 3 weeks in a row and the high touched the neckline. What about this August bounce or no bounce to continue down.? The current neckline is at 2475.

Nasdaq 100 ETF: QQQ

1. Both breadth and volume oscillators keeps moving up, their own 20 days and 50 days MA MA also turn north, it indicates most probably the recent down trend is ending
2. Both 5 days MA and 10 days MA of the Nasdaq composite turned north.  
3. buy entry: 140.5, 141.5
4. sellers entry: 143.25, 144

SPDR Dow Jones Industrial Average ETF: DIA

1. both breadth and volume oscillators keep moving up 
2. the buy signal is fired up, buy dip
3. buy entry: 216.5, 217, 217.5
4. sell entry: 219, 219.5, 220

Russell 2000 ETF: IWM

1. both breadth and volume oscillators surged on last Friday
2. Buy signal is fired up
3. buy entry:  136, 136.5
4. sell entry:  139, 139.5

Note: my personal opinion is not for investment purpose, but for education and illustration.