Very Bearish Outlook

Monte Carlo				QLearning
XOP	to cash	to stocks	SPDR S&P Oil & Gas Exploration & Production ETF	XOP	to cash	to stocks	SPDR S&P Oil & Gas Exploration & Production ETF
was cash	34.24%	8.70%		was cash	36.49%	6.18%
was stocks	16.36%	40.70%		was stocks	48.21%	9.12%
	50.60%	49.40%	bearish		84.70%	15.30%	bearish
XLE	to cash	to stocks	Energy Select Sector SPDR Fund	XLE	to cash	to stocks	Energy Select Sector SPDR Fund
was cash	32.98%	8.00%		was cash	62.02%	7.06%
was stocks	7.09%	51.93%		was stocks	7.57%	23.36%
	40.07%	59.93%	bullish		69.58%	30.42%	bearish
OIH	to cash	to stocks	VanEck Vectors Oil Services ETF	OIH	to cash	to stocks	VanEck Vectors Oil Services ETF
was cash	25.28%	25.86%		was cash	70.70%	0.00%
was stocks	7.93%	40.93%		was stocks	19.05%	10.25%
	33.21%	66.79%	bullish		89.75%	10.25%	bearish
XES	to cash	to stocks	SPDR S&P Oil & Gas Equipment & Services ETF	XES	to cash	to stocks	SPDR S&P Oil & Gas Equipment & Services ETF
was cash	26.93%	23.37%		was cash	66.98%	6.93%
was stocks	25.25%	24.45%		was stocks	26.09%	0.00%
	52.19%	47.81%	bearish		93.07%	6.93%	bearish
IYE	to cash	to stocks	iShares U.S. Energy ETF	IYE	to cash	to stocks	iShares U.S. Energy ETF
was cash	57.26%	0.00%		was cash	48.10%	6.30%
was stocks	7.28%	35.46%		was stocks	15.00%	30.62%
	64.54%	35.46%	bearish		63.09%	36.91%	bearish
FXN	to cash	to stocks	First Trust Energy AlphaDEX Fund	FXN	to cash	to stocks	First Trust Energy AlphaDEX Fund
was cash	25.27%	0.00%		was cash	58.76%	0.00%
was stocks	41.56%	33.18%		was stocks	41.24%	0.00%
	66.82%	33.18%	bearish		100.00%	0.00%	bearish
IXC	to cash	to stocks	iShares Global Energy ETF	IXC	to cash	to stocks	iShares Global Energy ETF
was cash	24.09%	15.92%		was cash	28.03%	0.00%
was stocks	7.70%	52.29%		was stocks	36.70%	35.27%
	31.79%	68.21%	bullish		64.73%	35.27%	bearish
VDE	to cash	to stocks	Vanguard Energy ETF	VDE	to cash	to stocks	Vanguard Energy ETF
was cash	40.60%	0.00%		was cash	54.70%	0.00%
was stocks	16.24%	43.16%		was stocks	22.54%	22.76%
	56.84%	43.16%	bearish		77.24%	22.76%	bearish
FENY	to cash	to stocks	Fidelity MSCI Energy Index ETF	FENY	to cash	to stocks	Fidelity MSCI Energy Index ETF
was cash	57.40%	0.00%		was cash	55.13%	6.76%
was stocks	7.11%	35.50%		was stocks	30.66%	7.45%
	64.50%	35.50%	bearish		85.79%	14.21%	bearish
FCG	to cash	to stocks	First Trust ISE-Revere Natural Gas Index Fund	FCG	to cash	to stocks	First Trust ISE-Revere Natural Gas Index Fund
was cash	45.22%	24.95%		was cash	25.07%	5.35%
was stocks	0.00%	29.83%		was stocks	53.49%	16.10%
	45.22%	54.78%	bullish		78.55%	21.45%	bearish