Overall market: Bearish phase
Short term market: Money leaving the market – normal selling pressure
TC2000 McClellan: Neutral 37
Stocks above 40PMA: 48%
Seasonality: Typically strong
1%+ sectors yesterday:
- $SMH +1.83%
- $JETS +1.72%
- $XTL +1.15%
- $XLK +1.03%
1%- sectors yesterday:
- $XLE -1.29%
Main sectors monthly trailing:
- Leading – $IBB $XLV
- Lagging – $XLK $XLU
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $TLT $HACK
Bitcoin: Under the 200sma at 93k 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 