SA 17/10/2025

Overall market: Bullish phase

Short term market: Money leaving the market

TC2000 McClellan: Neutral -35

Stocks above 40PMA: 29%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $TAN -4.23%
• $JETS -2.31%
• $KRE -2.13%
• $SMH -2.11%
• $XTL -1.95%
• $XLK -1.54%
• $HACK -1.50%
• $XLF -1.16%
• $IBB -1.15%
• $RTH -1.15%

Main sectors monthly trailing:

• Leading – $XLU $IBB
• Lagging – $XLE $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $KRE $JETS

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading:  Volatility increasing whole market got hit on $KRE worries of poor loans by a number of banks