Overall market: Bullish phase
Short term market: Money entering the market – very high buying pressure
TC2000 McClellan: Neutral 10
Stocks above 40PMA: 55%
Seasonality: Typically strong 1st qtr
1%+ sectors yesterday:
- $XLE +2.72%
- $JETS +2.55%
- $XLF +2.18%
- $KRE +2.02%
- $XLY +1.65%
- $XLI +1.18%
- $HACK +1.03%
- $XLB +1.00%
1%- sectors yesterday:
- $XLU -1.11%
Main sectors monthly trailing:
- Leading – $XLF $XLB
- Lagging – $XLP $XLU
Sub sectors monthly trailing:
- Leading – $JETS $TAN
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 93k ish
Themes: Crypto, Metals, Solar, Semis, Transports, Financials, Regional banks, Space, Energy
Are breakouts likely to work: Yes
Are breakdowns likely to work: No
Should I be trading: Yes EP9, EPs, SoS