All major indexes ended the month bearish with exception of the Dow Jones Industrial Average (DJIA).

As for Sectors, it is a mixed bag.  Energy and Materials are overbought so if you are holding VDE and/or VAW you should have already had a Trailing Stop Loss Order (TSLO) in place for those two Exchange Traded Funds (ETFs).

The bullish sectors are: Energy, Industrial, Communications, Utilities, and Real Estate.  Nearly all indexes and sectors showed a decline in value this past week.

Technology bears watching this week as the Bullish Percent Indicator (BPI) is in the high 30s.

Lowell