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Why ETFs signals could be used to trade index funds?

April 26, 2017ETFs funds index signals Trade Used

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Why ETFs signals could be used to trade index funds?

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ETFs signals are based on the index analysis. For instance QQQQ signals are generated in the result of the analysis of the technical indicators applied to the Nasdaq 100 index. Because of that we consider that the index tracking funds could be used to trade corresponding ETFs signals: – S&P 500 index funds could be used to trade SPY signals; – Nasdaq 100 index tracking funds could be used to trade QQQQ signals; – Dow tracking funds could be used to trade DIA signals.