ETF Trend Monitor (08-11-2009)
| U.S. Equity ETFs | |||
| Equity Indexes | Short-term | Intermediate | Primary |
| DIA (DJ Industrials) | up | up | up |
| SPY (S&P 500) | up | up | up |
| QQQQ (Nasdaq 100) | up | up | up |
| IWM (Russell 2000) | up | up | up |
| VXX (S&P 500 VIX Futures) | down | down | down |
| Major Sectors | Short-term | Intermediate | Primary |
| XLY (Consumer Discrtn) | up | up | up |
| XLP (Consumer Staples) | lateral | up | up |
| XLE (Energy) | up | up | down |
| XLF (Financials) | up | up | down |
| XLV (Health Care) | up | up | up |
| XLI (Industrials) | up | up | up |
| XLB (Materials) | up | up | up |
| XLK (Technology) | down | up | up |
| IYZ (Telecom) | down | up | down |
| XLU (Utilities) | up | up | down |
| Key Industries | Short-term | Intermediate | Primary |
| BBH (Biotech) | up | up | up |
| OIH (Oil Services) | down | up | down |
| PPH (Pharmaceuticals) | lateral | up | up |
| RKH (Regional Banks) | up | up | up |
| RTH (Retail) | up | up | up |
| SMH (Semiconductors) | down | up | up |
| SWH (Software) | lateral | up | up |
| IYT (Transportation) | up | up | up |
| International Equity ETFs | |||
| Americas | Short-term | Intermediate | Primary |
| ISI (S&P 1500) | up | up | up |
| EWC (MSCI Canada) | down | up | up |
| EWW (MSCI Mexico) | up | up | up |
| Europe | Short-term | Intermediate | Primary |
| EWU (MSCI United Kingdom) | lateral | up | up |
| EWG (MSCI Germany) | lateral | up | lateral |
| EWQ (MSCI France) | lateral | up | up |
| RSX (Mkt Vectors Russia) | down | up | lateral |
| VGK (Vanguard Europe) | lateral | up | up |
| IEV (S&P Europe 350) | lateral | up | up |
| Asian-Pacific | Short-term | Intermediate | Primary |
| EWA (MSCI Australia) | up | up | up |
| FXI (FTSE China) | down | up | up |
| EWH (MSCI Hong Kong) | lateral | up | up |
| IFN (India Fund) | down | up | up |
| EWJ (MSCI Japan) | up | up | up |
| EWS (MSCI Singapore) | down | up | up |
| EWY (MSCI South Korea) | down | up | up |
| EWT (MSCI Taiwan) | down | up | up |
| Emerging Markets | Short-term | Intermediate | Primary |
| EEM (MSCI Emerging Mkts) | down | up | up |
| GMF (Emerging Asia Pacific) | down | up | up |
| GUR (Emerging Europe) | down | up | up |
| GML (Emerging Latin America) | up | up | up |
| GAF (Middle East & Africa) | down | up | up |
| EWX (Emerging Small Caps) | lateral | up | up |
| Alternative Assets | |||
| Commodities | Short-term | Intermediate | Primary |
| GLD (Gold) | down | up | up |
| SLV (Silver) | up | up | up |
| DBB (Base Metals) | up | up | up |
| JJC (Copper) | up | up | up |
| USO (Oil) | lateral | up | lateral |
| UNG (Natural Gas) | down | down | down |
| UGA (Gasoline) | up | up | up |
| DBC (Commodities) | lateral | up | lateral |
| DBA (Agriculture) | up | up | lateral |
| Forex | Short-term | Intermediate | Primary |
| UUP (U.S. Dollar) | up | down | down |
| FXE (Euro) | lateral | up | up |
| FXY (Japanese Yen) | lateral | lateral | lateral |
| FXB (British Pound) | down | up | up |
| FXC (Canadian Dollar) | down | up | up |
| FXA (Australian Dollar) | lateral | up | up |
| FXM (Mexican Peso) | up | up | lateral |
| BZF (Brazilian Real) | up | up | up |
| CYB (Chinese Yuan) | lateral | lateral | lateral |
| ICN (Indian Rupee) | lateral | lateral | n/a |
| XRU (Russian Ruble) | down | lateral | n/a |
| CEW (Emerging Currency) | down | up | n/a |
| Bonds | Short-term | Intermediate | Primary |
| SHY (1-3 Yr Tsy) | lateral | lateral | lateral |
| IEF (7-10 Yr Tsy) | lateral | down | down |
| TLT (20 Yr+ Tsy) | up | down | down |
| TIP (Tsy Inflation Protect) | lateral | lateral | lateral |
| AGG (Investment Grade) | lateral | up | up |
| JNK (Hi Yld Bonds) | up | up | up |
| HYG (Hi Yld Corp) | up | up | up |
| MUB (Nat’l Muni Bond) | lateral | lateral | lateral |
| Real Estate | Short-term | Intermediate | Primary |
| IYR (DJ US Real Estate) | up | up | up |
| XHB (Homebuilders) | up | up | lateral |
| ITB (Home Construction) | up | up | lateral |
| FIO (Industrial Office) | up | up | lateral |
| REM (Mortgage Reits) | up | up | up |
| REZ (Residential Index) | up | up | up |
| RTL (Retail Index) | up | up | lateral |
Disclosures: Hillbent.com, Inc. or its affiliates may own positions in the equities mentioned in our reports. We do not receive any compensation from any of the companies covered in our reports.

