This is a list of my personal portfolio selected ETFs with the simplest visuals, using MACD as the only technical indicator and the trend lines with breaks or breakdowns to give us a new series of PSV charts. ;-)
Note that these are using Weekly charts, and a break out is qualified when there is a trendline break out accompanied by a MACD crossover (within a week or two).
From left to right... GDX (Gold Miners ETF) qualified a break out on 31 Oct, after a higher low, but sees to have met resistance (red ellipse)
ILF (LatAm ETF) is still within a trapped range.
XLK (Technology ETF) qualified a break out on 14 Nov, after a higher low, but seems to have met resistance (red ellipse) soon after.
GXC (China ETF) qualified a break out on 28 Nov, after a higher low. Appears to have another break out above a resistance line.
XLE (Energy ETF) qualified a break out on 17 Oct, after a higher low, but seems to have broke down of support/resistance (red ellipse).
INDY (India ETF) qualified a break out on 31 Oct, after a higher low, but seems to have met resistance (red ellipse).
XME (Metal Mining ETF) qualified a break out on 24 Oct, after a higher low, but seems to have met resistance (red ellipse).
EWS (Singapore ETF) qualified a break out on 14 Nov, without a higher low, and further qualified a better stronger break out pattern on 28 Nov.
From this set of visuals, GXC and EWS are the front runners. GDX appears a close third.
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