Overall market: Bullish phase
Short term market: Money coming in to the market
TC2000 McClellan: Neutral -52
Stocks above 40PMA: 52% (-1%)
Seasonality: Weak, this week is typically one of the weakest weeks in the year.
1%+ sectors yesterday:
- $TAN +2.31%
- $XLE +1.30%
1%- sectors yesterday:
- $XTL -1.96%
- $JETS -1.36%
- $XLB -1.22%
Main sectors monthly trailing:
- Leading – $XLK $XLY (no change)
- Lagging – $XLP $XLB (no change)
Sub sectors monthly trailing:
- Leading – $SMH $HACK (no change)
- Lagging – $IYT $JETS
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 