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.

What's UP with the Real Estate Sector

Last week I was a bear; I was wrong as several indexes took to new highs.

Let's look at the chart based on what the models see for the next six weeks; they remain neutral to bearish. enter image description here What stands out are the sixes in Real Estate for next week, with some echoing 5s in the following week. But as you can see further out, Real Estate still is mainly bearish.

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

Six Week Outlook for the Energy, Financial, Health Care and Real Estate Sectors

The Financial sector has the best outlook in the 16 to 22 day period. The estimated best ETF in that sector for the mentioned period is $KBE. Next is followed by the Health Care sector with a better than average forecast for the same period. The estimated best ETF in this sector for that period is $XHS. enter image description here

In contrast, the Energy sector has the worst outlook in the 6 to 12 day period; in this sector, $AMLP may have the worst results.