This week there are now seven sectors where we have a bullish bias, due to the sectors outperforming the overall market by 5% or more over the last three months, and passing tests for being in an uptrend.

These are:
Chemicals
Fixed line telecommunications
General industrials
Industrial engineering
Non life insurance
Personal goods
Technology hardware

There are three sectors where we have a bearish bias, due to the sectors underperforming the overall market by 5% or more over the last three months, and passing tests for being in a down trend.

These are:
Alternative energy
Oil and gas producers
Real estate investment and services