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ETF Market Technical Analysis Update 1-14-2010

|Includes: EWJ, EWY, SPDR S&P 500 Trust ETF (SPY), XLB

As we examine the S&P ETF "SPY" we have a long signal on the Aroon but not on the Keltner Channels. With the rising market virtually all Index ETFs are above their Simple Moving Average.  The same is true of other Index ETFs because they have been rising with little momentum.  We did get a long signal on an International ETF, EWJ (Japan) and are in the black early.  In the video below I review the trades closed this week and the other SPDR ETF tickers I am watching.  I think you will find the technical analysis charts interesting.  The next video blog will be Tuesday the 19th but I will be posting here as well between now and then.

ETF Market Technical Ananlysis Video Blog 1-14-2010

Sea Lion Capital Market LLC

Disclosure: Long EWJ