The models all went with a sell signal. Based on previous experience this may be a bit premature but it does indicate that the market is presently overbought.
Sell Today: Biotechnology(BIB) Energy(ERX) Finance(FAS) Mid Caps(MIDU) SP 500(SPXL) Technology(TECL) Small Caps(TNA) Natural Gas(UGAZ) Gold(UGLD) Russell 2000(URTY)
So in the paper account I will be selling.
Score - Bulls: 0 Bears: 10
---- T H E B U L L S ----
Sell Today: Biotechnology(BIB) Energy(ERX) Finance(FAS) Mid Caps(MIDU) SP 500(SPXL) Technology(TECL) Small Caps(TNA) Natural Gas(UGAZ) Gold(UGLD) Russell 2000(URTY)
So in the paper account I will be selling.
Score - Bulls: 0 Bears: 10
---- T H E B U L L S ----
- Biotechnology as represented by BIB
- Energy as represented by ERX
- Finance as represented by FAS
- Mid Caps as represented by MIDU
- SP 500 as represented by SPXL
- Technology as represented by TECL
- Small Caps as represented by TNA
- Natural Gas as represented by UGAZ
- Gold as represented by UGLD
- Russell 2000 as represented by URTY
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