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.