Overall market: Bullish phase
Short term market: Money entering the market
TC2000 McClellan: Bullish 61
Stocks above 40PMA: 43%
Seasonality: Typically choppy until the end of Oct
1%+ sectors yesterday:
- $SMH 2.51%
- $XTL 2.14%
- $XLK 1.85%
- $TAN 1.68%
- $XLY 1.44%
- $IBB 1.26%
- $XLB 1.20%
- $IYT 1.13%
- $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: Above 200sma at 114k’ish
Are breakouts likely to work: Cats Ep9s
Are breakdowns likely to work: Scalping extended stocks
Should I be trading: Strong cat EP9’s, probably remain choppy until big tech earnings released Weds & Thurs