Commodites and Health Care May Be Best for Next 6 Weeks

What a wild week with the crypto-currencies going on a bender, and this morning the currencies are still experiencing selling pressure. It seems that the Chinese communist government put the kibosh on the growth of crypto.enter image description here

Looking at the charts, while we can see more greens than reds, all the colors are paler by comparison to the past couple of weeks, so I do not expect much change in the six weeks. enter image description here The Commodities sector has the best prospect, which should occur in the 22 to 25 day period. The computed average is 6.17, which is not overly bullish. The estimated top ETF in that category for the same period is $UYM. Next is followed by the Health Care sector with a good forecast for the period of 25 to 28 days. The estimated best ETF in this sector for that period is $XHS.


Author: joe