Overall market trend: Bearish

Fridays market: Money leaving the market – Normal selling pressure

TC2000 McClellan: Bounce territory -147

Stocks above 40PMA: 23%

Seasonality: Later March typically stronger than Feb in mid term year

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: Downtrend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors Friday:

• $TAN +1.15%

1%- sectors Friday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 73k ish

Themes: Energy, Materials, Telecoms, Industrials, Semis, Tech

Are breakouts likely to work: No but getting close to bounce territory

Are breakdowns likely to work: Yes

Should I be trading: No, manage current positions

Overall market trend: Bearish

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: Neutral -52

Stocks above 40PMA: 41%

Seasonality: Later March typically stronger than Feb in mid term year

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: Downtrend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors yesterday:

• $HACK +2.06%

1%- sectors yesterday:

• $JETS -4.54%
• $IYT -3.24%
• $IBB -2.49%
• $XLI -2.22%
• $XLB -2.10%
• $XLP -2.01%
• $XTL -1.99%
• $TAN -1.42%
• $KRE -1.33%
• $RTH -1.07%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 71k 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

Overall market trend: Neutral

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: Neutral -31

Stocks above 40PMA: 45%

Seasonality: Later March typically stronger than Feb in mid term year

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

• $XTL +2.65%
• $XLY +1.78%
• $XLK +1.70%
• $IBB +1.69%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

• Leading – $IYT $TLT
• Lagging – $JETS $KRE

Bitcoin: Under the 200sma at 72k 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

Overall market trend: Neutral

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: Neutral -31

Stocks above 40PMA: 45%

Seasonality: Later March typically stronger than Feb in mid term year

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

• $HACK +0.59%

1%- sectors yesterday:

• $SMH -3.77%
• $TAN -3.35%
• $XTL -2.50%
• $XLB -2.46%
• $IBB -2.20%
• $XLI -1.93%
• $XLK -1.46%
• $XLV -1.13%
• $XLP -1.09%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

• Leading – $IYT $TLT
• Lagging – $JETS $SMH

Bitcoin: Under the 200sma at 70k 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

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

Overall market trend: Neutral

Fridays market: Money leaving the market – High selling pressure

TC2000 McClellan: Neutral 11

Stocks above 40PMA: 49%

Seasonality: Typical strength 1st half of March in a mid year

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: No trend

1%+ sectors Friday:

• $XTL +3.45%
• $XLV +1.77%
• $XLE +1.58%
• $RTH +1.32%
• $XLP +1.29%
• $XLU +1.17%

1%- sectors Friday:

• $KRE -5.14%
• $TAN -4.48%
• $JETS -3.98%
• $XLF -2.04%
• $XLK -1.60%
• $SMH -1.37%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 66k ish

Themes: Energy, Materials, Telecoms, Industrials, Semis, Tech

Are breakouts likely to work: Select

Are breakdowns likely to work: Select

Should I be trading: Still feels choppy, 1st half of March typically bullish in mid term so might get a trending market soon

Overall market trend: Neutral

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: Neutral 37

Stocks above 40PMA: 54%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: No trend

1%+ sectors yesterday:

• $JETS +2.49%
• $IYT +2.21%
• $HACK +1.47%
• $XLF +1.21%

1%- sectors yesterday:

• $SMH -3.32%
• $TAN -2.92%
• $XTL -2.03%
• $XLK -1.40%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

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: Still feels choppy, 1st half of March typically bullish in mid term so might get a trending market then

Overall market trend: Neutral

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: Neutral 10

Stocks above 40PMA: 52%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

• $HACK +1.95%
• $XLK +1.92%
• $KRE +1.75%
• $XLF +1.75%
• $SMH +1.67%

1%- sectors yesterday:

• $TAN -2.02%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

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: Market might be turning out of the chop phase, but still in manage current positions mode

Overall market trend: Neutral

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: Neutral -2

Stocks above 40PMA: 51%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

• $XTL +1.71%
• $XLY +1.52%
• $SMH +1.52%
• $XLK +1.30%
• $XLI +1.23%
• $XLU +1.11%
• $JETS +1.09%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 65k ish

Themes: Solar, Energy, Materials, Telecoms, 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 – Very high selling pressure

TC2000 McClellan: Neutral -4

Stocks above 40PMA: 50%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

• $XLP +1.23%
• $XLV +1.10%

1%- sectors yesterday:

• $HACK -4.69%
• $KRE -4.39%
• $XLF -3.35%
• $JETS -3.26%
• $IYT -2.90%
• $XLY -2.09%
• $XLK -1.68%
• $XLI -1.35%
• $SPY -1/04%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 63k ish

Themes: Solar, Energy, Materials, Telecoms, Industrials

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: No, chopfest let market setup