Overall market: Bearish phase
Short term market: Neutral
TC2000 McClellan: Neutral -57
Stocks above 40PMA: 30%
Seasonality: Typically strong but very weak
1%+ sectors yesterday:
- None
1%- sectors yesterday:
- $SMH -2.06%
- $XLY -1.85%
- $RTH -1.70%
- $XLK -1.63%
- $TAN -1.11%
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLY $XLP
Sub sectors monthly trailing:
- Leading – $TAN $KRE
- Lagging – $HACK $JETS
Bitcoin: Under the 200sma at 92k ish
Themes: Quality earnings, Metals, Semis, Memory
Are breakouts likely to work: No
Are breakdowns likely to work: Breaking down from flags
Should I be trading: No, main indices under 50sma breadth weak
Stock goat 