Overall market: Bullish phase
Short term market: Money leaving the market
20% study: Just below 100 indicating elevated
TC2000 McClellan: Neutral -41
Stocks above 40PMA: 41% (-5%)
Seasonality: Typically choppy until the end of Oct
1%+ sectors yesterday:
- None
1%- sectors yesterday:
- $XLY -1.75%
Main sectors monthly trailing:
- Leading – $XLK $XLU 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: Expect more failures market running hot with 20% near 100
Are breakdowns likely to work: Potentially
Should I be trading: EP9 main focus
Stock goat 