Overall market trend: Neutral
Yesterdays market: Money entering the market – High buying pressure
TC2000 McClellan: Neutral 20
Stocks above 40PMA: 49%
Seasonality: March typically stronger than Feb in mid term year
Indices:
$QQQ: No trend
$SQQQ: Downtrend
$IWM: No trend
$SPY: No trend
$DIA: Downtrend
1%+ sectors yesterday:
- $XTL +4.59%
- $TAN +2.47%
- $HACK +2.09%
- $XLE +2.00%
- $XLE +1.58%
- $KRE +1.48%
1%- sectors yesterday:
- $JETS -2.64%
- $XLP -1.44%
- $TLT -1.33%
- $XLY -1.23%
- $XLV -1.04%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLK $XLY
Sub sectors monthly trailing:
- Leading – $IYT $TLT
- Lagging – $HACK $SMH
Bitcoin: Under the 200sma at 68k ish
Themes: Energy, Materials, Telecoms, Industrials, Semis, Tech
Are breakouts likely to work: Select
Are breakdowns likely to work: Select
Should I be trading: Choppy, manage current positions