In the past 1 year model, the Energy model based on ERX., has become bullish; where it compliments the Energy past 2 year model.
So bulls keep coming. The score in the 2 year model is Bulls 6, Bears 4. And the 1 year model score is Bull 7, Bears 3.
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With the past 2 year model the following bull indicators are:
As of 12.14 Small Caps based on SAA.
Energy based on ERX.
As of 12.05 Biotechnology based on BIB .
As of 12.21 Finance based on FAS.
Small Caps based on TNA.
SP 500 based on SPXL.
The past 1 year model has the following bull indicators:
As of 12.14 Small Caps based on SAA.
As of 12.04 Energy based on ERX.
As of 12.21 Real Estate based on DRN.
Small Caps based on TNA.
SP 500 based on SPXL.
Biotechnology based on BIB
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For both models the rest remain bearish:
Technology based on TECL .
Basic Materials based on MATL.
Retail based on RETL.
Single model bears are:
Real Estate based on DRN. (2 year model).
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