SA 02/10/2025

Overall market: Bullish phase

Short term market: Money entering the market

TC2000 McClellan: Neutral -25

Stocks above 40PMA: 47% (no change)

Seasonality: Typically choppy until end of Oct

1%+ sectors yesterday:

  • $TAN 3.32%
  • $XTL 1.59%

1%- sectors yesterday:

  • $XLB -1.05%

Main sectors monthly trailing:

  • Leading – $XLK $IBB (no change)
  • Lagging – $XLB $XLP (no change)

Sub sectors monthly trailing:

  • Leading – $SMH $TAN (no change)
  • Lagging – $JETS $KRE (no change)

Are breakouts likely to work: EP9 will be focus

Are breakdowns likely to work: No

Should I be trading: Yes according to trading plan

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