Health Care and Tech On Top.

Looking at last night's chart, the models' predictions are better than the previous week's numbers. The overall average is 4.91, which is up from last week's 4.80. enter image description here I was tracking some bearish numbers with the Q-related ETFs for the past several weeks. According to the previous charts, the bearish event would be next week. Those bearish numbers are no longer showing up.

Back to last night's chart. The Health Care sector has the best overall forecast for the next 30 trading days, with an average score of 5.70. And the Health Care sector has a good short-term prospect, which should occur in 21 to 24 days. The computed average is 6.49. The estimated best ETF in that sector for that period is $CURE. Next is followed by the Technology sector with a good forecast in 24 to 27 days. The estimated top ETF in this sector for the period is $TECL.

On the sell side, the Metals & Miners sector has the worst overall view for the next 30 trading days. It scores 4.32. The Real Estate sector has a poor prospect in the 7 to 10 day period; The computed average is 3.22. In this sector, $IYR may have the worst results.


Author: joe