The U.S. Dollar has been in an uptrend.  Today, March 16, 2010 the UUP, Powershares Dollar Index has a Sell Signal as it traded below the lowest low of the last 20 days. 

Our research has shown that Turtle Trading on the UUP, Powershares has not been the best trading plan to use for the UUP.  You may see so volatility around this signal and you should be aware of it.  If you are a Trend Trader, a longer term Trend Following System like the 200 day moving average on the DXY, U.S. Dollar Index may serve you better.

One of the most popular Market Timing Trading Systems is known as the Turtle Trading System made popular by Richard Dennis and Richard Donchian.  It is an effective Breakout method used by many traders. 

It works best with trending assets and indexes.  It is used in futures trading, stock trading and Index trading by many.

It is a good market timing trading plan for active trading in indexes and ETF’s that have trend following characteristics. It can produce disastrous results if used for every stock index, ETF, or stock.

There are many versions of the Turtle Trading System.  We follow and Track the 20 day high and 20 day low system on the most actively traded ETF’s and Indexes.  Daily Signals are available in our nightly Daily Trend Signal Service.

Some traders will fade, or trade against the Turtle Trading System Signals as many of them are false signals.  Why should you care about the signals produced with the Turtle Trading System? There are so many people using Turtle Trading, that we will often see extreme volatility in indexes when they cross both above and below their 20 day highs or lows.  Many Hedge Funds us the Turtle Trading methods in their funds.

This table shows the current Turtle Trading Signals for tomorrow on the 50 most actively traded ETF’s. 

Security Name Trend8 Ticker
Barclays High Yield Bond Stay Long JNK
BRIC IShares Stay Long BKF
Coal Power Shares Stay Long PKOL
DB Commodity Index Stay Long DBC
Diamond Trust DOW Stay Long DIA
Energy Select SPDR Stay Long XLE
Internet Holders Stay Long HHH
IPath India Index Stay Long INP
IShare Russell 2000 Stay Long IWM
IShares 25 Index Stay Long FXI
IShares Australia Stay Long EWA
IShares Basic Materials Stay Long IYM
IShares DJ Real Estate Stay Long IYR
Ishares DJ Transportation Stay Long IYT
Ishares Emerging Markets Stay Long EEM
IShares Financial Sector Stay Long IYF
IShares Germany Stay Long EWG
IShares Hong Kong Stay Long EWH
IShares Latin America Stay Long ILF
IShares Mexico Stay Long EWW
IShares Mid Cap 400 Stay Long IJH
IShares MSCI EAFE Stay Long EFA
IShares MSCI Japan Stay Long EWJ
IShares Pacific ex Japan Stay Long EPP
IShares S&P 500 Growth Stay Long IVW
Ishares S&P Small Cap 600 Stay Long IJR
IShares Silver Stay Long SLV
IShares South Africa Stay Long EZA
IShares South Korea Stay Long EWY
IShares Taiwan Stay Long EWT
IShares United Kingdom Stay Long EWU
NDX 100 Stay Long QQQQ
Oil Service Holders Stay Long OIH
Pharmaceutical Holders Stay Long PPH
PowerShares US Dollar Index New Short UUP
Russia Stay Long RSX
RYDEX S&P 500 Equal Weight Stay Long RSP
S&P 500 Stay Long SPY
Semiconductor Holders Stay Long SMH
SPDR Consumer Descretionary Stay Long XLY
SPDR Consumer Staples Stay Long XLP
SPDR Gold Shares Stay Long GLD
SPDR Healthcare Stay Long XLV
SPDR Industrial Sector Stay Long XLI
SPDR International Real Estate Stay Long RWX
SPDR Materials Stay Long XLB
SPDR Metal & Mining Stay Long XME
SPDR Mid Cap Stay Long MDY
SPDR S&P Homebuilders Stay Long XHB
SPDR Technology Stay Long XLK
Steel Market Vector Stay Long SLX
US Oil Stay Long USO
Wisdom Tree Total Dividend Stay Long DTD

You should not trade any systematic trading plan without proper back testing and analysis of the trading characteristics of the index, stock or ETF you are trading. 

These trading signals are provided courtesy of the website you are viewing. This information should not be used without research and advice from a financial professional.

Be aware that this condition can and will change any day in the future.

We monitor the Turtle Trading System along with system performance rankings of other systematic trading plans.

There is No “Holy Grail” in trading systems. Do not use the Turtle Trading System or any other systematic trading system without proper research on the asset.

For questions on rule based, systematic trading, contact