Nasdaq Dorsey Wright

The curve has an average reading of -27.48%.

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 with an "average level" to give us a general picture of whether the iShare ETF universe is generally overbought on a near-term basis, or generally oversold. Our best opportunities are to buy strong market 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. The Distribution Curve below displays those ETFs with positive RS in uppercase letters and those ETFs with poor RS versus the market in lowercase letters. As well, those ETFs that are on a Point & Figure Buy signal appear in Green letters, while those on Sell signals can appear in Red letters. Box Color indicates the Sector Status Rating. Green = Favored, Yellow = Average, and Red = Unfavored.

Average Level

-27.48

< - -100	-100 - -80	-80 - -60	-60 - -40	-40 - -20	-20 - 0	0 - 20	20 - 40	40 - 60	60 - 80	80 - 100	100 - >

		Buy signalEWT
		Sell signalRXI
		Sell signalieo			Sell signalewq
		Buy signalixj			Buy signalewn
		Sell signalIYY	Sell signalixc	Sell signalicf	Sell signalewz
		Sell signalIXP	Sell signaltur	Buy signalixg	Sell signalewy	Buy signalEZU
		Sell signalIVV	Sell signaliym	Sell signalexi	Sell signalewa	Sell signalenzl
		Sell signalIYC	Sell signalIYG	Sell signaleems	Sell signalefa	Sell signalemif
		Sell signalIJH	Sell signalige	Sell signalEIS	Sell signalIAK	Sell signalewc
	Sell signaliez	Buy signalitb	Sell signalIGV	Sell signalmxi	Sell signalilf	Sell signalSLV	Sell signaleww
	Buy signalibb	Sell signalihi	Buy signalgsg	Sell signalewd	Sell signalita	Buy signalECH	Sell signalEPU
	Sell signalwood	Sell signaldvy	Sell signalFXI	Sell signaleido	Sell signalIDU	Sell signaliyk	Sell signalEPOL
	Sell signalijr	Buy signalixn	Sell signalEWH	Sell signalews	Buy signaliev	Sell signalEWG	Buy signalEUFN	Buy signalewk
	Sell signaliat	Sell signaliyj	Buy signalewm	Sell signalepp	Sell signalicln	Buy signalEWI	Buy signalkxi	Buy signaljxi
	Sell signaliyt	Sell signalIAI	Sell signaleem	Buy signalewj	Sell signalewu	Buy signaleza	Sell signaligf	Sell signalindy
Sell signalihe	Sell signalsoxx	Sell signaliyz	Sell signalbkf	Sell signalthd	Sell signalewl	Buy signalEWO	Buy signalihf	Buy signalEWP			Buy signalIAU
< - -100	-100 - -80	-80 - -60	-60 - -40	-40 - -20	-20 - 0	0 - 20	20 - 40	40 - 60	60 - 80	80 - 100	100 - >

REPORT

DATE

Upcoming Events

REPORT

DATE