SA 17/02/2026

Overall market trend: Neutral

Yesterdays market: Closed

TC2000 McClellan: Neutral 26

Stocks above 40PMA: 55%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: No trend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors Friday:

  • $HACK +2.78%
  • $XLU +2.76%
  • $XTL +2.17%
  • $TAN +1.86%
  • $IBB +1.09%
  • $XLV +1.07%

1%- sectors yesterday:

  • None

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 68k 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

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