Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 107 high end of range

Stocks above 40PMA: 47%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $SMH +1.75%
• $XLY +1.73%
• $RTH +1.73%
• $KRE +1.69%
• $XLI +1.03%

1%- sectors yesterday:

• $HACK -5.09%
• $IGV -3.90% (added to start tracking from today)
• $TAN -1.37%
• $XLE -1.24%

Main sectors monthly trailing:

• Leading – $XLB $XLF
• Lagging – $XLV $XLP

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 72k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

Are breakdowns likely to work for the next 3 – 5 days: Extended & stocks breaking down

Should I be trading: CPI report pre market will create volatility if comes in hot or cold, EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Very high buying pressure

TC2000 McClellan: 104 high end of range

Stocks above 40PMA: 44%

VIX: 21

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $SMH +5.76%
• $JETS +5.65%
• $TAN +3.76%
• $XLI +3.75%
• $XLB +3.33%
• $XTL +3.16%
• $XLK +3.10%
• $IYT +3.09%
• $RTH +2.95%
• $KRE +2.91%
• $XLY +2.83%
• $XLF +2.65%
• $XLV +2.12%
• $IBB +1.99%
• $XLP +1.87%
• $XLU +1.10%

1%- sectors yesterday:

• $XLE -3.51%

Main sectors monthly trailing:

• Leading – $XLB $IBB
• Lagging – $XLY $XLP

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 71k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

Are breakdowns likely to work for the next 3 – 5 days: Extended & stocks breaking down

Should I be trading: EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money leaving the market – Normal selling pressure

TC2000 McClellan: 50

Stocks above 40PMA: 32%

VIX: 26

Seasonality: April is typically a strong month

Indices:

$QQQ: No trend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $XTL +1.56%
• $HACK +1.47%

1%- sectors yesterday:

• $XLP -1.69%
• $TAN -1.27%
• $XLY -1.16%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 72k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

Are breakdowns likely to work for the next 3 – 5 days: No, +20% in last 5 days is frothy, so more suited to scalping as opposed to 3 – 5 day shorts.

Should I be trading: EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 62

Stocks above 40PMA: 31%

VIX: 24

Seasonality: April is typically a strong month

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: Uptrend

$SPY: No trend

$DIA: Uptrend

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $TAN -1.26%

Main sectors monthly trailing:

• Leading – $XLE $XLK
• Lagging – $XLI $XLV

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 69k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst stocks

Are breakdowns likely to work for the next 3 – 5 days: Probably

Should I be trading: EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 28

Stocks above 40PMA: 25%

VIX: 25

Seasonality: April is typically a strong month

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: No trend

1%+ sectors yesterday:

• $JETS +2.60%
• $SMH +2.24%
• $XLI +1.67%
• $XLK +1.51%
• $HACK +1.44%
• $XTL +1.40%
• $KRE +1.07%
• $TAN +1.01%

1%- sectors yesterday:

• $XLE -3.74%

Main sectors monthly trailing:

• Leading – $XLE $IBB
• Lagging – $XLI $XLP

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 67k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: No

Are breakdowns likely to work for the next 3 – 5 days: Probably

Should I be trading: Futures sold off overnight on Trump Iran news, now we can see if the lows hold or we carry on down

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Very high buying pressure

TC2000 McClellan: 11

Stocks above 40PMA: 23%

VIX: 25

Seasonality: April is typically strong

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: No trend

$DIA: No trend

1%+ sectors yesterday:

• $SMH +5.76%
• $TAN +5.33%
• $IBB +4.32%
• $XLK +4.24%
• $JETS +4.19%
• $HACK +3.66%
• $XTL +3.63%
• $IYT +3.35%
• $XLI +3.27%
• $XLY +3.14%
• $KRE +2.42%
• $XLF +2.09%
• $RTH +1.96%
• $XLV +1.94%
• $XLB +1.79%

1%- sectors yesterday:

• $XLE -1.13%

Main sectors monthly trailing:

• Leading – $XLE $IBB
• Lagging – $XLI $XLP

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 68k ish

Themes: Semis, Tech, Comms

Are breakouts likely to work for the next 3 – 5 days: Maybe

Are breakdowns likely to work for the next 3 – 5 days: Selectively

Should I be trading: 800+ day yesterday could be the start of a bullish cycle