IWM was actually the momo story today displaying strong volume buzz all day and returning a respectable .87% gain at the close. XLB also made a good showing and hypothetically should be favored over DBC based on a quick glance. However, a closer examination will show that DBC has the superior technical picture, less than half the short interest ratio and 3.5 times the 5 day price trend versus the market of XLB. Both GLD and GDX are faltering after a recent surge and, despite the low technical reading, TLT is looking like a better Long bet than either play on the the glittery stuff. Monday we’ll update the 5 ETF Lazy Man Rotator model performance results and plan for the week ahead. Hint: big POMO and end of month should result in….?
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