Overall market: Bullish phase
Short term market: Neutral
TC2000 McClellan: Neutral -33
Stocks above 40PMA: 56%
Seasonality: Weak September typically weakest of the year, especially 2nd half
Leading sectors month trailing:
- Main – $IBB $XLY
- Sub – $TAN $JETS
Lagging sectors month trailing:
- Main – $XLI $XLK
- Sub – $HACK $SMH
Are breakouts working: No
Are breakdowns working: No
Should I be trading: No, no follow through long or short, will get chopped up