Overall market: Bullish phase
Short term market: Money entering the market
20% study: 100+ indicating extended
TC2000 McClellan: Neutral -1
Stocks above 40PMA: 46%
Seasonality: Typically choppy until the end of Oct
1%+ sectors yesterday:
- $XTL 2.17%
- $IYT 1.48%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLK $XLU ($XLU replaced $IBB)
- Lagging – $XLB $XLP no change
Sub sectors monthly trailing:
- Leading – $SMH $TAN no change
- Lagging – $JETS $KRE no change
Are breakouts likely to work: Expect more failures market running hot with 20% at 100+
Are breakdowns likely to work: No
Should I be trading: EP9 main focus
Stock goat 