Overall market trend: Neutral

Fridays market: Money leaving the market

TC2000 McClellan: Neutral 25

Stocks above 40PMA: 56%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: Uptrend

$SPY: No trend

$DIA: Downtrend

1%+ sectors Friday:

• $TAN +2.14%
• $IYT +1.68%
• $KRE +1.28%
• $JETS +1.27%
• $SMH +1.18%
• $XLY +1.04%

1%- sectors Friday:

• $HACK -3.05%

Main sectors monthly trailing:

• Leading – $XLE $XLB
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $IYT $TAN
• Lagging – $HACK $RTH

Bitcoin: Under the 200sma at 66k ish

Themes: Solar, Energy, Materials, Transports, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

Overall market trend: Neutral

Yesterdays market: Money entering the market

TC2000 McClellan: Neutral 10

Stocks above 40PMA: 56%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: Uptrend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors yesterday:

• $XTL +1.25%
• $XLU +1.10%

1%- sectors yesterday:

• $JETS -3.96%
• $TAN -3.16%

Main sectors monthly trailing:

• Leading – $XLE $XLB
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $RTH

Bitcoin: Under the 200sma at 68k ish

Themes: Solar, Energy, Materials, Transports, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

Overall market trend: Neutral

Yesterdays market: Money entering the market – high buying pressure

TC2000 McClellan: Neutral 17

Stocks above 40PMA: 57%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors yesterday:

• $XLE +1.92%
• $IYT +1.25%
• $SMH +1.24%
• $XLK +1.03%

1%- sectors yesterday:

• $XLU -1.66%

Main sectors monthly trailing:

• Leading – $XLE $XLB
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

Overall market trend: Neutral

Yesterdays market: Money leaving the market

TC2000 McClellan: Neutral 7

Stocks above 40PMA: 56%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors yesterday:

• $TAN +3.37%
• $JETS +2.76%
• $XTL +2.17%
• $IYT +1.11%
• $XLF +1.06%

1%- sectors yesterday:

• $HACK -1.76%
• $XLP -1.46%
• $XLB -1.14%
• $XLE -1.10%

Main sectors monthly trailing:

• Leading – $XLE $XLB
• Lagging – $XLK $XLY

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 68k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

Overall market trend: Neutral

Yesterdays market: Closed

TC2000 McClellan: Neutral 26

Stocks above 40PMA: 55%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors Friday:

• $HACK +2.78%
• $XLU +2.76%
• $XTL +2.17%
• $TAN +1.86%
• $IBB +1.09%
• $XLV +1.07%

1%- sectors Friday:

• None

Main sectors monthly trailing:

• Leading – $XLE $XLP
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 68k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

Overall market trend: Neutral

Yesterdays market: Very high selling pressure

TC2000 McClellan: Neutral -16

Stocks above 40PMA: 54%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: No trend

$DIA: No trend

1%+ sectors yesterday:

• $XLU +1.48%
• $TLT +1.33%
• $XLP +0.92%

1%- sectors yesterday:

• $XLK -2.63%
• $TAN -2.60%
• $IYT -2.60%
• $SMH -2.09%
• $XLF -1.99%
• $XLE -1.82%
• $JETS -1.81%
• $HACK -1.56%
• $KRE -1.55%
• $XLB -1.47%
• $XLY -1.38%
• $XTL -1.27%
• $XLI -1.20%
• $IBB -1.19%

Main sectors monthly trailing:

• Leading – $XLE $XLP
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup

Overall market trend: Bullish phase

Yesterdays market: High selling pressure

TC2000 McClellan: Neutral 36

Stocks above 40PMA: 58%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

• $XLE +2.61%
• $SMH +2.48%
• $XLP +1.43%
• $XLB +1.34%
• $HACK +1.04%

1%- sectors yesterday:

• $JETS -3.27%
• $XLF -1.51%
• $KRE -1.14%

Main sectors monthly trailing:

• Leading – $XLE $XLP
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No chopfest let market setup

Overall market trend: Bullish phase

Yesterdays market: Normal buying selling pressure

TC2000 McClellan: Neutral 48

Stocks above 40PMA: 62%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

• $XLU +1.66%
• $XLB +1.40%
• $TLT +1.15%
• $HACK +1.04%

1%- sectors yesterday:

• $IBB -1.32%
• $KRE -1.06%

Main sectors monthly trailing:

• Leading – $XLE $XLB
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 67k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No chopfest let market setup

Overall market trend: Bullish phase

Yesterdays market: Normal buying selling pressure

TC2000 McClellan: Neutral 40

Stocks above 40PMA: 60%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors yesterday:

• $XTL +3.04%
• $HACK +1.91%
• $TAN +1.70%
• $XLK +1.57%
• $XLB +1.30%
• $SMH +1.24%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

• Leading – $XLE $XLP
• Lagging – $XLF $XLY

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $TLT

Bitcoin: Under the 200sma at 69k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: Probably with potentially less follow through

Are breakdowns likely to work: 2 day bounce so far need to be aware of pull back or follow through

Should I be trading: EP’s, DEP’s, SoS

Overall market trend: Bullish phase (day 1)

Yesterdays market: Very high buying pressure

TC2000 McClellan: Neutral 44

Stocks above 40PMA: 60%

Seasonality: Feb typically weakest of the 1st 3 months

1%+ sectors Friday:

• $XTL +5.96%
• $JETS +5.73%
• $SMH +5.40%
• $TAN +3.42%
• $HACK +3.31%
• $IBB +2.91%
• $XLI +2.86%
• $IYT +2.01%
• $XLB +2.00%
• $XLE +1.99%
• $XLV +1.85%
• $KRE +1.84%
• $XLF +1.82%

1%- sectors Friday:

• None

Main sectors monthly trailing:

• Leading – $XLE $XLP
• Lagging – $XLF $XLK

Sub sectors monthly trailing:

• Leading – $KRE $TAN
• Lagging – $HACK $SPY

Bitcoin: Under the 200sma at 70k ish

Themes: Solar, Energy, Materials, Transports, Staples, Industrials

Are breakouts likely to work: Probably with potentially less follow through

Are breakdowns likely to work: Sharp bounce on Friday so elevated risk

Should I be trading: EP’s, DEP’s, SoS