Overall market: Bullish phase
Short term market: Money entering the market
TC2000 McClellan: Neutral -30
Stocks above 40PMA: 51%
Seasonality: Typically fairly weak until the end of October
1%+ sectors Friday:
- $XLU 1.63%
- $XLY 1.48%
- $IBB 1.36%
- $XLB 1.16%
- $XLV 1.02%
1%- sectors Friday:
- None
Main sectors monthly trailing:
- Leading – $XLK $XLE
- Lagging – $XLB $XLP
Sub sectors monthly trailing:
- Leading – $SMH $HACK
- Lagging – $JETS $KRE
Are breakouts working: Mixed
Are breakdowns working: Mixed
Should I be trading: Trade according to plan taking only the best trades.