SMI Advisory Services 13F-HR Quarterly holdings report by institutional manager

The Securities and Exchange Commission has not necessarily reviewed the information in this filing and has not determined if it is accurate and complete.
The reader should not assume that the information is accurate and complete.

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 13F

FORM 13F INFORMATION TABLE

OMB APPROVAL

OMB Number:		3235-0006
Expires:	Oct 31, 2018
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hours per response:		23.8

COLUMN 1	COLUMN 2	COLUMN 3	COLUMN 4	COLUMN 5			COLUMN 6	COLUMN 7	COLUMN 8
			VALUE	SHRS OR	SH/	PUT/	INVESTMENT	OTHER	VOTING AUTHORITY
NAME OF ISSUER	TITLE OF CLASS	CUSIP	(x$1000)	PRN AMT	PRN	CALL	DISCRETION	MANAGER	SOLE	SHARED	NONE
SPDR GOLD TR	GOLD SHS	78463V107	243,604	1,436	SH		SOLE	SMI Advisory Services LLC	0	0	1,436
VANGUARD INDEX FDS	VALUE ETF	922908744	211,959	1,510	SH		SOLE	SMI Advisory Services LLC	0	0	1,510
INVESCO EXCHANGE TRADED FD T	S&P500 EQL WGT	46137V357	261,313	1,850	SH		SOLE	SMI Advisory Services LLC	0	0	1,850
ISHARES TR	SP SMCP600VL ETF	464287879	216,497	2,371	SH		SOLE	SMI Advisory Services LLC	0	0	2,371
VANGUARD INDEX FDS	S&P 500 ETF SHS	922908363	939,732	2,675	SH		SOLE	SMI Advisory Services LLC	0	0	2,675
GOLDMAN SACHS ETF TR	ACCES TREASURY	381430529	288,063	2,889	SH		SOLE	SMI Advisory Services LLC	0	0	2,889
ISHARES TR	RUS 1000 ETF	464287622	833,581	3,960	SH		SOLE	SMI Advisory Services LLC	0	0	3,960
ISHARES TR	RUS TP200 VL ETF	464289420	262,609	4,042	SH		SOLE	SMI Advisory Services LLC	0	0	4,042
HUBBELL INC	COM	443510607	1,019,685	4,345	SH		SOLE	SMI Advisory Services LLC	0	0	4,345
VANGUARD INDEX FDS	LARGE CAP ETF	922908637	865,427	4,968	SH		SOLE	SMI Advisory Services LLC	0	0	4,968
SPDR S&P 500 ETF TR	TR UNIT	78462F103	1,993,226	5,212	SH		SOLE	SMI Advisory Services LLC	0	0	5,212
ISHARES TR	MRGSTR MD CP GRW	464288307	377,915	7,014	SH		SOLE	SMI Advisory Services LLC	0	0	7,014
SCHWAB STRATEGIC TR	INTL EQTY ETF	808524805	232,621	7,222	SH		SOLE	SMI Advisory Services LLC	0	0	7,222
VANGUARD BD INDEX FDS	TOTAL BND MRKT	921937835	594,261	8,272	SH		SOLE	SMI Advisory Services LLC	0	0	8,272
ISHARES TR	RUS MID CAP ETF	464287499	641,045	9,504	SH		SOLE	SMI Advisory Services LLC	0	0	9,504
VANGUARD INTL EQUITY INDEX F	ALLWRLD EX US	922042775	485,783	9,689	SH		SOLE	SMI Advisory Services LLC	0	0	9,689
SCHWAB STRATEGIC TR	US LCAP VA ETF	808524409	755,005	11,436	SH		SOLE	SMI Advisory Services LLC	0	0	11,436
SCHWAB STRATEGIC TR	1000 INDEX ETF	808524722	427,428	11,574	SH		SOLE	SMI Advisory Services LLC	0	0	11,574
SPDR SER TR	PORTFOLIO S&P500	78464A854	542,369	12,058	SH		SOLE	SMI Advisory Services LLC	0	0	12,058
SPDR SER TR	PORTFOLIO S&P400	78464A847	595,782	14,018	SH		SOLE	SMI Advisory Services LLC	0	0	14,018
CO-DIAGNOSTICS INC	COM	189763105	44,098	17,499	SH		SOLE	SMI Advisory Services LLC	0	0	17,499
INNOVATOR ETFS TR	US EQTY PWR BUF	45782C383	578,615	18,835	SH		SOLE	SMI Advisory Services LLC	0	0	18,835
ISHARES TR	CORE S&P500 ETF	464287200	8,093,683	21,066	SH		SOLE	SMI Advisory Services LLC	0	0	21,066
SPDR INDEX SHS FDS	MSCI ACWI EXUS	78463X848	612,905	25,474	SH		SOLE	SMI Advisory Services LLC	0	0	25,474
SPDR SER TR	PORTFOLIO SH TSR	78468R101	818,425	28,329	SH		SOLE	SMI Advisory Services LLC	0	0	28,329
INVESCO EXCH TRD SLF IDX FD	BULSHS 2025 CB	46138J825	629,235	31,243	SH		SOLE	SMI Advisory Services LLC	0	0	31,243
INNOVATOR ETFS TR	US EQT ULTRA BF	45782C300	1,007,645	33,916	SH		SOLE	SMI Advisory Services LLC	0	0	33,916
ISHARES TR	US AER DEF ETF	464288760	4,122,825	36,857	SH		SOLE	SMI Advisory Services LLC	0	0	36,857
VANGUARD INDEX FDS	EXTEND MKT ETF	922908652	6,058,596	45,601	SH		SOLE	SMI Advisory Services LLC	0	0	45,601
INVESCO EXCH TRD SLF IDX FD	BULSHS 2024 CB	46138J841	952,599	46,502	SH		SOLE	SMI Advisory Services LLC	0	0	46,502
INVESCO EXCH TRD SLF IDX FD	BULSHS 2023 CB	46138J866	1,081,939	51,570	SH		SOLE	SMI Advisory Services LLC	0	0	51,570
SPDR SER TR	OILGAS EQUIP	78468R549	4,309,692	54,040	SH		SOLE	SMI Advisory Services LLC	0	0	54,040
ISHARES TR	S&P 500 VAL ETF	464287408	16,036,829	110,545	SH		SOLE	SMI Advisory Services LLC	0	0	110,545
INVESCO EXCHANGE TRADED FD T	DYNMC ENRG EXP	46137V761	3,679,929	124,406	SH		SOLE	SMI Advisory Services LLC	0	0	124,406
SCHWAB STRATEGIC TR	SHT TM US TRES	808524862	6,056,484	125,549	SH		SOLE	SMI Advisory Services LLC	0	0	125,549
INVESCO EXCH TRADED FD TR II	S&P ULTRA DIVIDE	46138G656	8,482,231	194,681	SH		SOLE	SMI Advisory Services LLC	0	0	194,681
SELECT SECTOR SPDR TR	ENERGY	81369Y506	17,687,150	202,208	SH		SOLE	SMI Advisory Services LLC	0	0	202,208
VANGUARD BD INDEX FDS	SHORT TRM BOND	921937827	19,114,014	253,906	SH		SOLE	SMI Advisory Services LLC	0	0	253,906
SPDR SER TR	BLOOMBERG 1-3 MO	78468R663	50,098,447	547,704	SH		SOLE	SMI Advisory Services LLC	0	0	547,704
ISHARES TR	1 3 YR TREAS BD	464287457	45,543,147	561,083	SH		SOLE	SMI Advisory Services LLC	0	0	561,083
ISHARES TR	MSCI EAFE ETF	464287465	43,374,973	660,801	SH		SOLE	SMI Advisory Services LLC	0	0	660,801
SPROTT PHYSICAL GOLD TR	UNIT	85207H104	48,480,848	3,438,358	SH		SOLE	SMI Advisory Services LLC	0	0	3,438,358