What

First and foremost, this is an unproven method of choosing when to enter and exit a position. Since back-testing is used to produce the models future results may not reflect or produce expected returns.

2012-12-12

Two More Indicators Go Bearish: Retail and Biotech.

The retail and biotechnology indicators have gone bearish, just yesterday the small cap indicator did the same.   Retail (based on the leveraged ETF Direxion's RETL) is new to my tracking list but back-testing showed that it was bullish as of 12/06.  The biotech is based on BIB of Proshares..

Yesterday I reported Real Estate was bullish but that has changed with a new model build.

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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