After updating the models and using actual closing data the Aggregating Momentum indicators has several new bullish calls. So here goes...
With the past 2 year model the following bull indicators are:
Small Caps based on SAA.
Small Caps based on TNA.
Energy based on ERX.
Real Estate based on DRN.
SP 500 based on SPXL (since 12/04).
Biotechnology based on BIB (since 12/05).
The past year model has the following bull indicators:
Small Caps based on SAA.
Small Caps based on TNA.
Real Estate based on DRN.
SP 500 based on SPXL.
Biotechnology based on BIB (since 12/03).
Remaining bearish are:
Technology based on TECL .
Basic Materials based on MATL.
Retail based on RETL.
Energy based on ERX(1 year model).
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