Nasdaq Dorsey Wright

ALPS Distribution Curve

Published: October 11, 2018

This content is for informational purposes only. This should not be construed as solicitation. The general public should consult their financial advisor for additional information related to investment decisions.

ALPS Distribution Curve

The distribution curve places each ETF on a bell curve according to their respective degrees of overbought or oversold status using a 10-week distribution. ETFs that are statistically oversold will appear on the left-hand side of the bell curve, while those that have become statistically overbought will appear on the right-hand side of the bell curve. Perhaps the most useful attribute of this feature is that it displays the entire universe on the curve at one time to give us a general picture of whether the ALPS ETF universe is generally overbought on a near-term basis, or generally oversold. Our best opportunities are to buy strong relative strength ETFs that have regressed back toward mean conditions based on market weakness, or have become oversold based upon extreme market weakness. Weekly Distribution is a short-term gauge that is most helpful in timing entry and exit points, while the longer-term information of trend and relative strength is a more controlling factor in the decision of whether to buy or sell.

Average Level: -67.16

The average Bullish Percent reading this week is 39.15% down 7.06% from the previous week

<--100

-100--80

-80--60

-60--40

-40--20

-20-0

0-20

20-40

40-60

60-80

80-100

100->

Legend:

UPPERCASE indicates that the RS chart is on a buy signal.
lowercase indicates that the RS chart is in a sell signal.
GREEN lettering indicates the ETFs trend chart is on a buy signal.
RED lettering indicates the ETF is on a sell signal.
Box Color indicates the Sector Status Rating. Green = Favored, Yellow = Average, and Red = Unfavored.

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DISCLOSURE

ALPS has arranged with Dorsey, Wright & Associates (“DWA”) to provide this specialized Funds page on Company sponsored products. The Point & Figure analysis, models and resulting rankings, including any information, data or commentary included herein, are created and provided solely by DWA. Such analysis, models and rankings should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security. Unless otherwise stated, the examples presented do not take into consideration dividends, commissions, tax implications, or all potential transactions costs. Neither DWA, nor ALPS themselves through this Fund page provide investment advice or recommendations regarding any security, fund or market. As the investment professional making the final decision with respect to allocations, including any related suitability, fiduciary or other legal obligation, please remember to adhere to all applicable laws, regulations, and rules including FINRA Rules 2090 and 2111 (Suitability), or other such similar rules and regulations. The percentage of the portfolio devoted to any Fund is at the sole discretion of the financial advisor or the customer, and not DWA or Company. If you are not familiar with the Point & Figure methodology, we suggest you read “Point & Figure Charting, Fourth Edition” by Thomas J. Dorsey and visit the PnF University. If you are not familiar with the ALPS products, we suggest you call 866-759-5679. You should consider each ALPS product’s investment objectives, risks, and charges and expenses carefully before investing. Contact ALPS at 866-759-5679 to obtain a prospectus, which contains this and other information about the ALPS products. Read it carefully before you invest.