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Preface to all posts: Instead of my typical ETF videos over the weekend, I went through all the charts and put them into certain groupings. In this post, I cover the ETFs that seemed appropriate for the grouping mentioned in this post's title.
This theme is about financial instruments which are, for lack of a better term, tired. Starting with commodities, you can see the pink zone creating a top (at a glacial pace) and then a languorous range, tinted in green.
You are probably familiar with the fund symbol EEM, which represents the emerging markets. It turns out it conforms to a sinewave quite neatly. These things don’t always work out, but it is worth monitoring in the meantime, because………..it might!
I still think that by the autumn of 2024, the Dow Utilities will be in full-on wipeout mode.
