Trust These ETFs to Track Market Trends

The 200 day moving average of the Wilshire U.S. Large-Cap Total Return Index has traditionally been a reliable indicator for the direction stocks are trending. Sean O’Hara, director of Pacer ETFs, said trend is looking friendlier of late. 'We had the fourth consecutive day above the moving average yesterday, so if today finishes above then we will go back to the 100% long position,' said O’Hara. 'The trend is telling you that directionally in the short run prices are moving up.' O’Hara’s Pacer Trendpilot 750 ETF (PTLC) tracks the total return performance of the Pacer Wilshire U.S. Large-Cap Trendpilot Index, which is triggered by an equity indicator, 50/50 indicator and T-Bill indicator. The PTLC was a finalist for 2015 Best New ETF from ETF.com and has taken in over $346 million in assets since its launch last June.