Overall market: Bullish phase
Short term market: High selling pressure
TC2000 McClellan: Neutral 46
Stocks above 40PMA: 55%
Seasonality: Typically strong
1%+ sectors Friday:
- None
1%- sectors Friday:
- $XTL -4.25%
- $TAN -2.84%
- $HACK -2.23%
Main sectors monthly trailing:
- Leading – $XLF $XLP
- Lagging – $XLK $XLU
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $HACK $TAN
Bitcoin: Under the 200sma at 90k ish
Themes: Metals, Bio, Healthcare, Transports, Financials, Regional banks
Are breakouts likely to work: Quality CATs, EP9
Are breakdowns likely to work: Scalping extended stocks
Should I be trading: High quality 9mil & EPs still in choppy phase