Overall market trend: Neutral
Yesterdays market: Very high selling pressure
TC2000 McClellan: Neutral -16
Stocks above 40PMA: 54%
Seasonality: Feb typically weakest of the 1st 3 months
Indices:
$QQQ: Downtrend
$SQQQ: Uptrend
$IWM: No trend
$SPY: No trend
$DIA: No trend
1%+ sectors yesterday:
- $XLU +1.48%
- $TLT +1.33%
- $XLP +0.92%
1%- sectors yesterday:
- $XLK -2.63%
- $TAN -2.60%
- $IYT -2.60%
- $SMH -2.09%
- $XLF -1.99%
- $XLE -1.82%
- $JETS -1.81%
- $HACK -1.56%
- $KRE -1.55%
- $XLB -1.47%
- $XLY -1.38%
- $XTL -1.27%
- $XLI -1.20%
- $IBB -1.19%
Main sectors monthly trailing:
- Leading – $XLE $XLP
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $KRE $TAN
- Lagging – $HACK $SPY
Bitcoin: Under the 200sma at 67k ish
Themes: Solar, Energy, Materials, Transports, Staples, Industrials
Are breakouts likely to work: No
Are breakdowns likely to work: Yes
Should I be trading: No, chopfest let market setup
Stock goat 