Models Calling for Another Positive 10 Day Outlook

With another week to go last week's positive are correct 5 out of 10 while the negatives have missed just 1.  

And in the final call from 2 weeks ago the positives were correct for 6 out of 10 while the negatives estimated only one direction correct.

For next 10 days with both BIB and LABU in the positives look  for a positive move for biotech.   Also with XIV in the positive and VXX, VIXY, SQQQ and SPXS being negative the models are calling for a positive general market over the next 10 days.

Note the discrepancy/indecision with JDST and GDX in the positive group.

This Week's Call

Sym	Scale 3-0
Positive
JDST	2.23
BIB	2.03
dgaz*	2.03
XIV	1.93
GDX	1.92
GUSH	1.89
JNK	1.89
LABU	1.89
XRT	1.87
KRE	1.86
Negative
BRZU	0.39
TVIX	0.73
SPXU	0.8
VXX	0.83
VIXY	0.84
SQQQ	0.85
SPXS	0.86
EWW	0.87
SDS	0.87
USO	0.87

Last Week's Call  

Sym	Scale 3-0	Last 5 Day % Change
Positive
JNUG	2.46	-1.83%
SMHD	1.69	-2.15%
BRZU	1.66	1.41%
ERY	1.58	4.39%
LBJ	1.57	-1.26%
DSLV	1.55	-2.47%
MIDU	1.53	0.96%
NUGT	1.49	-1.38%
XRT	1.47	0.73%
LABD	1.46	3.15%
Negative
UCO	0.33	-1.26%
USO	0.46	-0.47%
XME	0.48	-1.32%
XOP	0.53	-3.34%
ERX	0.54	-4.42%
TBT	0.59	-2.32%
TWM	0.59	-0.46%
OIL	0.6	-0.82%
BZQ	0.62	-1.28%
dust*	0.64	0.53%

The Final Call

Sym	Scale 3-0	Last 10 Day % Change
Positive
BRZU	2.23	19.57%
SPXL	2.14	6.45%
SQQQ	2.14	-7.98%
JNUG	2.07	-7.71%
MIDU	2.06	6.74%
TNA	2.04	5.17%
INDL	1.98	2.64%
EWZ	1.97	7.24%
TECS	1.97	-7.84%
UNG	1.94	-3.12%
Negative
EWU	0.91	0.61%
GUSH	0.96	-9.12%
JDST	1.04	7.13%
LMLP	1.08	6.55%
XLK	1.1	2.78%
DIA	1.11	1.98%
ITB	1.12	0.92%
INDA	1.13	0.98%
TQQQ	1.13	8.57%
EWU	0.91	0.61%