Two More Bullish Signals - Small Caps and Tech - Update - only Small Caps, not Tech.

Update Saturday 8:00 AM: After running the models using updated closing numbers TECL is still  bearish (sold). Even though the model didn't give a bullish indicator the paper account will keep the purchased shares and I will wait until Tuesday afternoon to see if the buy indicator returns;  if not then the paper account will sell the shares at that time.

Small Caps, as represented by the 3X leveraged ETF TNA, and Technology, represented by the 3x ETF TECL,  are now showing bullish signs.

  

The ETFs will be purchased afternoon sometime after 3 PM in the paper account.

 Score: 8 Bulls and 2 Bears - 

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

• Small Caps based on TNA   
• Finance, based on FAS
• Real Estate, based on DRN
• Biotechnology, represented by BIB 
• Energy, based on ERX   
• SP 500, based on SPXL.  
• Retail, based on RETL  
• Mid Caps based on MIDU   

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

• Russell 2000 represented by  URTY
• Technology, based on TECL