A Quick Turn-Around Has Several Models Bearish

The models waited until last week to get bullish thereby missing a great run-up.  And now six of them have gone back to being bearish, in just a couple of business days.  Early this afternoon the models for Real Estate(DRN), Energy(ERX), MidCaps(MIDU), S&P 500(SPXL) and Small Caps(TNA) flipped back to the sell side.

 

So following the plan, unless the 3PM run indicates differently,  the ETFs will be sold this afternoon sometime after 3 PM in the paper account.

 Score: 2 Bulls and 8 Bears -

----------- T H E   B U L L S ---------------

• Biotechnology, represented by BIB 
• Retail, based on RETL  

----------- T H E   B E A R S --------------  

• Russell 2000 represented by  URTY
• Technology, based on TECL
• Small Caps based on TNA   
• Real Estate, based on DRN 
• Finance, based on FAS
• Energy, based on ERX 
• SP 500, based on SPXL. 
• Mid Caps based on MIDU