No Bull Indicators Left

Using today's 3PM numbers and treating them like closing #s,  the sole bull indicator (for  Financials based on FAS. ) threw a bear indication.  So now all groups have bear flags flying.   So in my paper trading I will sell FAS at or near today's closing price.

I am now convinced that my model (aggregating and averaging  Momentum #s for a select group of stocks in conjunction with the price movement of a 3x leverage ETF) is similar to an overbought/oversold indicator... such as the relative strength indicator for an individual stock.

I also follow:

• Small Caps based on SAA.
  
• Energy, based on ERX.  
  
• Real Estate, based on DRN.  
  
• Small Caps based on TNA.
  
• SP 500, based on SPXL. 
  
• Biotechnology, based on  BIB 
  
• Technology, based on TECL .
  
• Basic Materials, based on MATL.
  
• Retail, based on RETL.