Overall market: Bullish phase
Yesterdays market: High selling pressure
TC2000 McClellan: Neutral -4
Stocks above 40PMA: 61%
Seasonality: Typically strong 1st qtr
1%+ sectors yesterday:
- $HACK +2.17%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLB
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $JETS
Bitcoin: Under the 200sma at 88k ish
Themes: Crypto, Metals, Semis, Retail, Biotech, Technology, Solar, Energy
Are breakouts likely to work: Selectively
Are breakdowns likely to work: Extended stocks should be focus
Should I be trading: Yes EP9, EPs, SoS, earnings season major tech reporting over the next 2 weeks