They’re coloured to match my FAB system, which generates one of 4 views, from most bullish (positive) to most bearish (negative).
Think of the coloured lines as market traffic lights:
DARK GREEN (GO) – Bullish: High probability of increase;
LIGHT GREEN – Neutral Bullish: Mild positive – some probability of increase or flat;
PINK – Neutral Bearish: Mild negative – some probability of decline or flat; and
DARK RED (STOP) – Bearish: High probability of decline.
Daily and Weekly Charts
I provide both daily and weekly charts on this website. Generally, daily charts are for time horizons of several weeks to months, and weekly charts are for time horizons of several months to a year. Investors should determine which time horizon is most important to them before choosing the correct chart timeframe.
FAB System Testing
Using signal tests, we gauged the probability of gains after 52 weeks once FAB triggered a BULLISH view on weekly charts of the SPDR S&P 500 ETF Trust (SPY) compared to the S&P 500 Index as the benchmark. A probability of gain above 60% provides strong confidence in a system’s ability to provide solid triggers. Over a 13-year test period, there were 139 times that FAB triggered a BULLISH view, resulting in a probability of gain of over 81% one year later, with median returns of 7% compared to the index’s 1%. Test details available upon request.
For details about any of the charts, analysis or questions, my contact information can be found on my website at: https://wealthlifecapital.com/
Daily
Daily – Franklin ETFs – WLCModels Layout
Franklin Templeton ETF Trust – Franklin FTSE Australia ETF
FLAU (US)
Franklin Templeton ETF Trust – Franklin FTSE Asia ex Japan ETF
FLAX (US)
Franklin FTSE Brazil ETF
FLBR (US)
Franklin Templeton ETF Trust – Franklin FTSE China ETF
FLCH (US)
Franklin Templeton ETF Trust – Franklin FTSE Europe ETF
FLEE (US)
Franklin Templeton ETF Trust – Franklin FTSE Europe Hedged ETF
FLEH (US)
Franklin Templeton ETF Trust – Franklin FTSE France ETF
FLFR (US)
Franklin Templeton ETF Trust – Franklin FTSE United Kingdom ETF
FLGB (US)
Franklin Templeton ETF Trust – Franklin FTSE Germany ETF
FLGR (US)
Franklin Templeton ETF Trust – Franklin FTSE Italy ETF
FLIY (US)
Franklin Templeton ETF Trust – Franklin FTSE Japan ETF
FLJP (US)
Franklin Templeton ETF Trust – Franklin FTSE South Korea ETF
FLKR (US)
Franklin Templeton ETF Trust – Franklin FTSE Mexico ETF
FLMX (US)
Franklin Templeton ETF Trust – Franklin FTSE Russia ETF (Trading Halt)
FLRU (US)
Franklin Templeton ETF Trust – Franklin FTSE Taiwan ETF
FLTW (US)
Franklin Templeton ETF Trust – Franklin FTSE South Africa ETF
FLZA (US)
Franklin Templeton ETF Trust – Franklin FTSE India ETF
FLIN (US)
Franklin Templeton ETF Trust – Franklin FTSE Switzerland ETF
FLSW (US)
Franklin Templeton ETF Trust – Franklin FTSE Canada ETF
FLCA (US)
Franklin Templeton ETF Trust – Franklin FTSE Hong Kong ETF
FLHK (US)
Franklin Templeton ETF Trust – Franklin FTSE Japan Hedged ETF
FLJH (US)
Franklin Templeton ETF Trust – Franklin FTSE Latin America ETF
FLLA (US)
Franklin Templeton ETF Trust – Franklin FTSE Saudi Arabia ETF
FLSA (US)
