Overall market: Bullish phase
Yesterdays market: Money entering the market – high buying pressure
TC2000 McClellan: Neutral 44.98
Stocks above 40PMA: 65%
Seasonality: Typically strong 1st qtr
1%+ sectors yesterday:
- $TAN +3.39%
- $XTL +2.57%
- $IBB +1.42%
- $HACK 1.24%
- $XLY +1.0%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLB
- Lagging – $XLF $XLU
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $TLT
Bitcoin: Under the 200sma at 89k ish
Themes: Crypto, Metals, Semis, Transports, Biotech, Financials, Technology, Solar, Industrials
Are breakouts likely to work: Yes
Are breakdowns likely to work: Extended stocks should be focus
Should I be trading: Yes EP9, EPs, SoS