Tonight we look at the DMA Channel on a weekly basis. Last week we introduced the concept with the DMA Channel on a monthly basis. Now we are going to review how we use the weekly DMA Channel on tracking ETFs.
At the top of the ETF listing is XLV which is the SPDR Health Care Select Sector Fund ETF. On the negative side, gold and precious metal ETFs like GLD and SLV are in real trouble here.
For your review, here is the latest video. Watch for our next indicator video tomorrow afternoon.