This morning our Trend Analyzer is largely unchanged as the major indices closed flat yesterday. Whereas headed into the end of last week most of the major index ETFs had moved out of oversold to neutral, this week only the Nasdaq (QQQ) has remained neutral. All other ETFs are oversold as they have been most of the week. Small and mid caps have been the worst performers in the past week. The S&P MidCap 400 (MDY) has declined the most at 3.27% while the Core S&P Mid-Cap (IJH) and Core S&P Small-Cap (IJR) are not far behind also seeing losses of over 3%. .

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