Remaining Neutral

For two weeks in a row, I have been bearish. And for two weeks in a row, the indexes have proven me wrong.

Let's take a look at the chart based on what the models see for the next six weeks. enter image description here While no sector is strong in either the bull or bearish sense, some do show some strength and weakness. The tech sector has the strongest bullish score that should occur during the next four trading days. Commodities have some strong numbers occurring next week.

Real estate has the weakest numbers occurring in the final weeks of this month and lastly, Bonds look weak throughout most of the 6 weeks.

Bottom line - the charts remain mostly neutral.

Tech and Health Care Top Picks, Real Estate and Bonds At The Bottom

The Technology sector has the greatest outlook in the 24 to 30 day period. The estimated best ETF in that sector for the mentioned period is $USD. Next is followed by the Health Care sector with a better than average forecast for the same period. The estimated top ETF in this sector for that period is $XHS. enter image description here On the sell side, the Real Estate sector has the worst outlook in the 3 to 9 day period; in this sector, $URE may have the lowest results. Coming in second with a weak outlook is the Bonds sector for the period of 17 to 23 with the ETF $TMF expected to finish the lowest in this group.

Tech Still Looks Good, I Am Avoiding Real Estate and Bonds

The Technology sector has the greatest outlook in the 25 to 30 day period. The estimated top ETF in that category for the mentioned period is $USD. enter image description here On the sell side, the Real Estate sector has the most underperforming outlook in the 2 to 7 day period; in this sector, $URE may have the lowest results. Coming in second with a weak outlook is the Bonds sector for the period of 18 to 23 with the ETF $UBT expected to finish the lowest in this group.

A brief video available at https://youtu.be/iyajKBGK7m0

Sector Outlook - Focus On Bonds

The models favor ETFs in the Technology sector, occurring in the 5 to 12 day period. The estimated best ETF in that sector for the mentioned period should be $SMH. enter image description here The models dislike the Energy sector. It is projected with the most underperforming outlook, which is estimated to occur in the 23 to 30 day period; in this sector, $AMLP may have the lowest results.