Overall market: Bearish phase
Short term market: Money leaving the market – high selling pressure
TC2000 McClellan: Neutral 61
Stocks above 40PMA: 49%
Seasonality: Typically strong
1%+ sectors yesterday:
- $KRE +1.10%
1%- sectors yesterday:
- $TAN -2.60%
- $XLU -2.34%
- $IBB -2.14%
- $XTL -1.50%
- $XLI -1.46%
- $HACK -1.43%
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLK $XLI
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $SMH $HACK
Bitcoin: Under the 200sma at 87k ish
Themes: Metals
Are breakouts likely to work: Feels like choppy rangebound market
Are breakdowns likely to work: As above
Should I be trading: High quality EP’s only
Stock goat 