The models have been very successful over the past three months. But to call for a bullish move in the Real Estate sector with what is going on now seems wrong. The models call for Real Estate to be very weak in the next couple of weeks but finish strong through the beginning of July.
The Technology sector has a bearish forecast for the next 30 trading days, with an average score of 3.26. The Consumer sector has an underperforming prospect in the 1 to 4 day period; the computed average is 2.39. In this sector, $XLP may have the lowest results. Coming in second with a weak prospect is the Real Estate sector for the same period with a computed strength of 2.46. The models expect the ETF $XLRE to finish the worst in this group.
The Real Estate sector has the best short-term prediction, which should occur in 17 to 20 days with a computed strength of 5.75. The estimated top ETF in that category for that period is $DRN.
For more ETF picks, go to http://mcverryreport.com/forecast