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The XLB & XLF models have now a "Shorted Overbought" signal. I will not follow these signals because my back test statistics have shown me that they do not provide a significant positive egde.
The XLI & XLK models are now in "Cash" and I will close the running trades for these models at the open today.
My only remaining trade is the long trade in TQQQ.
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The model XLY has a "Shorted Overbought" signal since the close of yesterday. I will not follow this signal because my back test statistics have shown that following a Overbought signal when the 20DMF is not Short is not profitable.
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