The small cap aggregate momentum indicator, based on the leveraged ETF SAA and 2 years of data, has turned bearish. SAA's indicator using 1 year of data remains unchanged (bearish since 11/20).
So at this time the only fully bullish indicators are the Real Estate and Biotechnology indicators.
All
others remain bearish; since 11/20. The others are based on leverage
ETFs covering Financials, Technology, Energy and one for the S&P
500.
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