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The Trend Trader For ETF Trading on Friday, November 13, 2009
Thursday, November 12, 2009

by Bob Hunt of The Pattern Trapper

The Trend Trader helps to identify the current trend status of your favorite ETF markets. It not only helps us to stay on the right side of market direction, but also helps us avoid those without a trend. You can even use the grid as a spread matrix too - buying strength and selling weakness. Before you place your next trade, be sure to consult the Trend Trader.

Neal Weintraub: Pivot Point analysis is merely a tool and should be used with other technical indicators. It can be used to enter a trade, or exit a trade and when combined with average true range is a powerful money management tool. Once you enter a trade, you are no longer a trader, you are a risk manager and should monitor your trades on a weekly or daily basis depending on volatility. When you enter a trade assume you are wrong and let the market prove you are right. This will diminish the hubris and arrogance that is common to many traders. Please use these Pivot Points as a guide to better trading.

The Trend Trader for ETFs
For Trading On Friday, November 13, 2009

Presented by the Pattern Trapper - www.PatternTrapper.com - 952-892-5550

Trend Trader readings are based on Daily Pivot calculations. For a detailed explanation Click Here!

The top 40 ETFs by net assets In alphabetical order by symbol	Close	Change	3x1	7x5	Minor Trend	Major Trend	Trend Reading
AGG - iShares Lehman Aggregate Bd Fd	104.79	+ 0.21	104.60	104.22			Bullish
UNG - United States Natural Gas Fund	9.05	− 0.20	9.21	9.71			Bearish
BND - Vanguard Total Bond Market ETF	79.56	+ 0.09	79.39	79.08			Bullish
DBC - DB Commodity Index Tracking Fd	23.83	− 0.36	24.05	23.97			Bearish
DIA - Diamonds Trust, Series 1	102.17	− 0.96	102.72	99.26			Neutral
DVY - iShares DJ Select Divid Index	42.42	− 0.46	42.74	41.38			Neutral
EEM - iShares MSCI Emerg Mkt Index F	40.35	− 0.92	40.93	38.97			Neutral
EFA - iShares MSCI EAFE Index Tr	55.60	− 0.82	56.18	54.31			Neutral
EWJ - iShares MSCI Japan Index Fd	9.49	− 0.16	9.61	9.61			Bearish
EWZ - iShares MSCI Brazil Index Fd	73.54	− 2.50	75.68	72.29			Neutral
FXI - iShares FTSE/Xinhua China 25	44.63	− 0.83	45.21	43.49			Neutral
GDX - Market Vectors Gold Miners ETF	48.44	− 1.46	49.44	45.94			Neutral
GLD - SPDR Gold Trust	108.21	− 1.39	108.79	106.24			Neutral
HYG - iShares iBoxx $ High Yield	86.07	+ 0.10	85.95	85.40			Bullish
IJH - iShares S&P Midcap 400 Index T	69.11	− 1.09	69.79	67.25			Neutral
IJR - iShares S&P SmallCap 600 Index	50.96	− 1.00	51.63	50.22			Neutral
IVV - iShares S&P 500 Index Trust	109.37	− 1.11	110.06	106.22			Neutral
IVW - iShares S&P 500/Barra Gwth Ind	56.61	− 0.52	56.91	55.07			Neutral
IWB - iShares Russell 1000 Index Tru	59.78	− 0.61	60.17	58.03			Neutral
IWD - iShares Russell 1000 Val Index	56.42	− 0.74	56.88	54.76			Neutral
IWF - iShares Russell 1000 Gwth Inde	48.25	− 0.39	48.47	46.80			Neutral
IWM - iShares Russell 2000 Index Tr	58.17	− 1.09	58.95	57.33			Neutral
IWN - iShares Russell 2000 Val Index	54.13	− 1.15	54.93	53.41			Neutral
IWR - iShares Russell Midcap Index	78.79	− 1.08	79.47	76.47			Neutral
LQD - iShares iBoxx $ InvesTop Inv	105.70	0.00	105.57	105.02			Bullish
MDY - S&P Midcap Dep Receipts	125.75	− 1.83	126.91	122.30			Neutral
QQQQ - PowerShares QQQ Trust Series 1	43.65	− 0.25	43.76	41.96			Neutral
SDS - UltraShort S&P 500 ProShares	37.27	+ 0.72	36.84	39.72			Neutral
SHY - iShares Leh 1-3yr Treas Bd Fd	84.02	− 0.01	83.99	83.89			Bullish
SLV - iShares Silver Trust	16.92	− 0.37	17.12	16.81			Neutral
SPY - S&P Dep Receipts	109.03	− 1.12	109.71	105.87			Neutral
UNG - United States Natural Gas Fund	9.05	− 0.20	9.21	9.71			Bearish
TBT - UltraShrt Lhman 20+ Yr Trea	47.65	+ 0.35	47.59	47.27			Bullish
TIP - iShares Lehman TIPS Bond Fd	104.57	− 0.49	104.71	104.04			Neutral
VEA - Vanguard Europe Pacific	34.82	− 0.55	35.20	34.01			Neutral
VEU - Vanguard Intl FTSE World ex US	44.02	− 0.72	44.52	42.81			Neutral
VTI - Vanguard Total Stock Mrkt ETF	54.84	− 0.62	55.22	53.30			Neutral
VUG - Vanguard Growth ETF	51.27	− 0.50	51.56	49.78			Neutral
VWO - Vanguard Emerging Markets ETF	40.07	− 0.87	40.68	38.94			Neutral
XLE - S&P Sel Energy Spdr Fund	56.91	− 1.28	57.91	56.48			Neutral
XLF - S&P Sel Financial Spdr Fund	14.69	− 0.28	14.85	14.18			Neutral

Statement of disclaimer: This information was compiled from sources believed to be reliable, but its accuracy cannot be guaranteed. There is substantial risk of loss in trading futures, forex. ETFs, and stocks. There is no warranty, express or implied, in regards to the fitness of this information for any particular purpose. Past performance is not a guarantee of future results. All materials are copyright © 2009 by Bob Hunt. No part of these resources may be reproduced, stored or transmitted without the prior written permission of the copyright holder.

Recent articles from this author

The Trend Trader For Forex Trading on Monday, November 23, 2009 - Friday, November 20, 2009
The Trend Trader For Futures Trading on Monday, November 23, 2009 - Friday, November 20, 2009
The Trend Trader For Stock Trading on Monday, November 23, 2009 - Friday, November 20, 2009
The Trend Trader For ETF Trading on Friday, November 13, 2009 - Thursday, November 12, 2009
The Trend Trader for Tuesday, Oct. 20 - Monday, October 19, 2009

About the author

Bob Hunt is the creator of the Pattern Trapper On-Line Trading Course and the Pattern Trapper ADVANCED Short term Trading Strategies index mentoring program as well as the editor of the daily Pattern Trapper Futures Trading Newsletter. Bob has been an active independent trader since 1982. He began offering market analysis and trading advice to the public in 1999 with the inception of The Pattern Trapper.

Bob specializes in helping traders make sense out of market action by offering a perspective that makes them much more easily understood. The path to learning successful trading techniques starts with an understanding of price behavior. To begin to understand price behavior you must first learn how to create structure out of inherently un-structured market environments. The whole focus of the Pattern Trapper approach is to show traders how to create that structure - to teach them how to create "templates" for interpreting market behavior and spotting opportunity.

Bob is registered with the National Futures Association as a Commodity Trading Advisor.

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