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Re: Tools For Mutual Funds?
Hello dnorm,
The tools do work for mutual funds & ETF's. I use them on the QQQQ right now. They have sucessfully got me into the QQQQ and out. I then trade the QID (2x's short the QQQQ) when the tools give signals to go that route.
I do set the MA(30) for buys, with Stoch. & MACD. I use the MA(10) to sell, with the other (2) tools. I like to put RSI(14) on the chart and VOL. just for additional tools.
I suggest you back test your M.F., ETF, Index etc. on a 2 yr & 5 yr daily chart. Check your results against the signals given.
Good investing!
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