Overall market: Bullish phase
Short term market: Money coming in to the market
TC2000 McClellan: Neutral -33
Stocks above 40PMA: 53% (-1%)
Seasonality: Weak, this week is typically one of the weakest weeks in the year.
1%+ sectors yesterday:
- $TAN – 1.67%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLK $XLY ($XLY replaced $XLE)
- Lagging – $XLP $XLU (no change)
Sub sectors monthly trailing:
- Leading – $SMH $HACK (Replaced $TAN $KRE)
- Lagging – $RTH $IYT ($JETS replaced by $RTH)
Are breakouts likely to work: Mixed
Are breakdowns likely to work: Mixed
Should I be trading: I would only take outstanding setups this week based on seasonality
Stock goat 