September had a rough final week as US equities fell after further trade tensions and other political news.  You can see this through this morning’s Trend Analyzer snapshot.  Six ETFs are overbought, 8 are neutral, and none are oversold.  Except for the Nasdaq 100 (QQQ), every one of the major US Index ETFs is down from where they were this time last week with long tails moving out of overbought territory.  Fortunately, October seems to be starting off on the right foot with news coming out this morning that Canada will be joining in on the NAFTA replacement deal.  Stocks are set to open higher following this news.

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