US Stock Market Index and The Financial Sector Look Strong

For review, the past several weeks, the models have been positive on financials. Looking at the 30-day chart for the Spider Financial ETF XLF, you can see that it has performed well. enter image description here

So let's switch over to last night's picks. And just as with the previous week's chart, there is hardly any red highlighting which indicates that the models are bullish for the next six trading weeks.
enter image description here The US Stock Market Index has the best prospect, which should occur in the 22 to 25 day period. The computed average is 6.45, which may be considered slightly bullish. The estimated top ETF in that category for the same period is $XLI.enter image description here Next is followed by the Financial sector with a good forecast for the period of 23 to 26 days. The estimated best ETF in this sector for that period is $UYG.enter image description here

Author: joe