With the continuing slide in the markets we have now seen some of our U.S. ETFs change to Downtrends for the first time in over two and a half years. Small and Mid-Cap ETFs (IJR, IJH, IWM, MDY) are all in Down Trends (i.e. Red Arrows), and the large cap S&P (SPY, IVV) along with the Value ETF (IWD) have moved from Green to the cautionary Yellow Arrows. Most of the better yielding ETFs (e.g. VIG, VYM, DVY) still have Green Arrows.
