Nasdaq Dorsey Wright

With no changes to any of the iShares models this week, we take a look at the iShares MSCI International Momentum Factor ETF (IMTM).

There are no changes to any of the iShares models this week. While we have recently seen some shuffling in the DALI asset class rankings as commodities, international equities, and domestic equities have each ranked first at some point over the last two weeks, international equities continue to demonstrate relative strength and have handily outpaced US stocks this year. Investors looking to take advantage of this strength may wish to consider the iShares MSCI International Momentum Factor ETF (IMTM).

After declining more than 10%, IMTM returned to a buy signal and a positive trend with a spread quadruple top break at $41.50 and continued higher to $45.50, establishing a new all-time high before pulling back modestly. IMTM has a near-perfect 5.70 fund score, which is 1.33 points better than the average for all non-US funds, and a positive 3.88 score direction. With the recent pullback, IMTM is once again in actionable territory on its 10-week trading band with a weekly overbought/oversold (OBOS) reading of 48.8%, so those interested in adding exposure may do so here. Year-to-date (through 6/18) the fund has gained 18.23% on a price return basis and also carries a 2.45% yield.

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DISCLOSURE

**Unless otherwise stated, the performance numbers herein are based on price returns and do not include dividends or all transaction costs. Past performance is not indicative of future results. Potential for profits is accompanied by possibility of loss. BlackRock sponsors the Dorsey Wright iShares ETF Models. However, analysis, models and recommendations are created and provided solely by Dorsey, Wright & Associates (Dorsey Wright). Neither BlackRock, BlackRock Advisors and its affiliates, nor SEI Investments Distribution Co. or its affiliates (SEI) are affiliated with Dorsey Wright. Neither BlackRock nor SEI provides investment advice or recommendations regarding any security, fund or market. Analysis, models and recommendations should not be considered an offer to purchase or sell, or a solicitation of an offer to buy or purchase any security, including iShares. The examples presented do not take into consideration commissions, tax implications, or other transactions costs. No individual risk management tools are used in maintaining this model. This model may not be suitable for all investors. As the investment professional making the final decision with respect to allocations, remember to adhere to NASD Rules 2090 and 2111 (formerly NYSE Rule 405, Know Your Customer). The percentage of the portfolio devoted to any iShares strategy, as well as final individual weightings are at the sole discretion of the financial advisor and not Dorsey, Wright & Associates, BlackRock or SEI Investments Distribution Co. or its affiliates (SEI) . If you are not familiar with the Point & Figure methodology, we suggest you read "Point & Figure Charting, 4th Edition" by Thomas J. Dorsey or visit the PnF University at www.dorseywright.com. If you are not familiar with the iShares products, or Exchange Traded Funds (ETFs), we suggest you visit www.ishares.com for more information.