Update: Added BIB to yesterday's bull indications.
I'm surprised with Friday's down market that the models have generated several new bullish indications.
-----------B U L L I N D I C A T O R S----------------
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 today: Finance based on FAS.
Small Caps based on TNA.
SP 500 based on SPXL.
The past 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 today: Real Estate based on DRN.
Small Caps based on TNA.
SP 500 based on SPXL.
Biotechnology based on BIB
-----------B E A R I N D I C A T O R S----------------
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).
Energy based on ERX(1 year model).
I'm surprised with Friday's down market that the models have generated several new bullish indications.
-----------B U L L I N D I C A T O R S----------------
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 today: Finance based on FAS.
Small Caps based on TNA.
SP 500 based on SPXL.
The past 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 today: Real Estate based on DRN.
Small Caps based on TNA.
SP 500 based on SPXL.
Biotechnology based on BIB
-----------B E A R I N D I C A T O R S----------------
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).
Energy based on ERX(1 year model).
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