Overall market: Bullish phase
Short term market: Money entering the market
TC2000 McClellan: Neutral -12
Stocks above 40PMA: 49%
Seasonality: Typically choppy until the end of Oct
1%+ sectors Friday:
- $XLU 1.16%
- $XLV 1.14%
- $KRE 1%
1%- sectors Friday:
- None
Main sectors monthly trailing:
- Leading – $XLK $IBB
- Lagging – $XLB $XLP
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $JETS $KRE
Are breakouts likely to work: Yes
Are breakdowns likely to work: No
Should I be trading: EP9 main focus