EMA Taco

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In my collection of study sets, I subscribed to one particular set by a chap named Taco Flyover who was using a 9/30/200-day exponential moving average trio which seemed rather effective. Below I am putting, in order of increasing bearishness, four big ETFs with this study set. In fact, I’m hiding the drawn objects and even the prices so that the moving averages can speak for themselves, unencumbered by the raw data.

slopechart SPY
SPY – S&P 500
slopechart IWM
IWM – small caps
slopechart SMH
SMH – semiconductor sector
slopechart QQQ

Incidentally, if you didn’t read it before, please look at my Where’s It All Go post, which was the one preceding this.