Overall market: Bullish phase
Short term market: Money leaving the market
TC2000 McClellan: Approaching bullish -128
Stocks above 40PMA: 26%
Seasonality: Typically choppy until the end of Oct
1%+ sectors Friday:
- $TLT 1.61%
1%- sectors Friday:
- $SMH-5.76%
- $TAN -5.45%
- $XTL -4.58%
- $KRE -4.38%
- $XLK -4.07%
- $HACK -3.28%
- $IYT -3.18%
- $XLE -2.89%
- $XLY -2.75%
- $JETS -2.5%
- $XLI -2.21%
- $XLF -2.18%
- $XLB -2.05%
- $XLV -1.44%
- $RTH -1.39%
- $IBB -1.38%
Main sectors monthly trailing:
- Leading – $IBB $XLU
- Lagging – $XLB $XLE
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $JETS $KRE
Are breakouts likely to work: No
Are breakdowns likely to work: No
Should I be trading: No expecting sideways action after Fridays big sell off
Stock goat 