Since the most likely probability is market undergoing a correction or zig-zag action for next couple of weeks/months, we ignore ETFs which have followed the market so far in upward trend and shall follow the market in correction as well.
Look at other ETFs and Green arrows, but WHY?
These is our opportunity to enter at around that price point. Since we got our SELL signal from BPNYA few weeks back and most probable scenario is a correction, these identified ETFs appears to have changed the trend. Very apparent from individual price action as all of them appears to have been moving upwards in last two weeks prior to which they were moving down. Along with price appreciation we shall be rewarded with monthly dividend as well which shall add to our overall gains.
The strategy is very effective when used along with market timing providing efficient model and maximizing gains.
Hopefully this shall provide more guidance on how to use Monthly Income Strategy with ETFs.