Overall market: Bullish phase
Short term market: Money entering the market
TC2000 McClellan: Neutral 54
Stocks above 40PMA: 40%
Seasonality: Typically choppy until the end of Oct
1%+ sectors yesterday:
- $XTL 1.75%
- $XLE 1.33%
- $TAN 1.26%
- $XLI 1.25%
- $XLB 1.20%
- $SMH 1.10%
- $HACK 1.09%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLE $XLF
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $IYT $KRE
Bitcoin: Still testing 200sma at 110k’ish
Are breakouts likely to work: Cats Ep9s
Are breakdowns likely to work: Scalping extended stocks
Should I be trading: Strong cat EP9’s