There were no changes to the suite of DWS models this week, so we’ll look at the Xtrackers MSCI EAFE High Dividend Yield Equity ETF (HDEF). International equities, as represented by HDEF, continue to offer compelling opportunities for income-focused investors. HDEF currently holds a solid fund score of 4.63 and is trading on six consecutive buy signals. The fund recently moved to a new all-time high in December, breaking above $31. Multiple support levels are nearby between $28.25 and $29.75, providing a cushion for potential pullbacks. Investors considering new positions may find HDEF appealing, given its combination of income potential, international diversification, and strong technical backdrop. HDEF is actionable at current levels but is getting close to heavily overbought territory with a weekly overbought/oversold reading of 66%, so be mindful when initiating a new position.

The table below is a review of important technical data on a select group of DWS Xtrackers ETFs. Significant changes within the past week are highlighted in Green if positive or Red if negative. This portfolio is designed to be used as a "radar" screen to bring your attention to potentially important technical changes that may require your attention and potential action. When evaluating the Fund Score, the strongest issues have scores of 4 or higher while those ETFs with scores below a 3 are no longer considered solid citizens.

The ETFs with the most relative strength buy signals (suggesting outperformance) versus the others in the group are listed at the top. These ETFs should be overweighted in the portfolio. Those ETFs with the least amount of relative strength buy signals versus the others in the group are listed at the bottom. These ETFs should be underweighted in the portfolio.

* - Dates prior to 9/6/2016, which is when the Xtrackers Global Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers All World Ex US Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.

* - Dates prior to 9/6/2016, which is when the Xtrackers Developed Intl Equity Model Portfolio became available in the DWS Weekly ETF Report, are representative of when the position was added to the backtested model.