Overall market: Bearish phase
Short term market: Money entering the market – high buying pressure
TC2000 McClellan: Neutral zone -2
Stocks above 40PMA: 37%
Seasonality: Typically strong
1%+ sectors yesterday:
- $XTL +4.70%
- $SMH +3.98%
- $XLK +2.38%
- $JETS +2.04%
- $HACK +1.76%
- $XLY +1.33%
- $IBB +1.31%
- $XLU +1.13%
- $TAN +1.13%
1%- sectors yesterday:
- $XLP -1.16%
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLY $XLK
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $HACK $SMH
Bitcoin: Under the 200sma at 88k ish
Themes: Biotech, Healthcare
Are breakouts likely to work: Maybe
Are breakdowns likely to work: Maybe
Should I be trading: Markets followed through from Fridays bullish day no need to rush any new trades will let them come to me as market sorts itself out.
Stock goat 