Overall market: Bearish phase
Short term market: Money leaving the market – normal buying selling pressure
TC2000 McClellan: Neutral -5
Stocks above 40PMA: 50%
Seasonality: Typically strong
1%+ sectors yesterday:
- $SMH +2.36%
- $TAN +2.29%
- $XTL +2.01%
- $XLK +1.54%
- $XLY +1.51%
- $HACK +1.34%
1%- sectors yesterday:
- $XLE -1.45%
- $XLY -1.16%
- $TAN -1.13%
Main sectors monthly trailing:
- Leading – $XLF $XLY
- Lagging – $XLE $XLU
Sub sectors monthly trailing:
- Leading – $KRE $JETS
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 88k ish
Themes: Metals, Bio, Healthcare, Transports, Financials, Regional banks
Are breakouts likely to work: No
Are breakdowns likely to work: Scalps
Should I be trading: No just chop not my style
Stock goat 