Overall market trend: Neutral
Yesterdays market: Money entering the market – high buying pressure
TC2000 McClellan: Neutral 17
Stocks above 40PMA: 57%
Seasonality: Feb typically weakest of the 1st 3 months
Indices:
$QQQ: Downtrend
$SQQQ: Uptrend
$IWM: No trend
$SPY: Downtrend
$DIA: Downtrend
1%+ sectors yesterday:
- $XLE +1.92%
- $IYT +1.25%
- $SMH +1.24%
- $XLK +1.03%
1%- sectors yesterday:
- $XLU -1.66%
Main sectors monthly trailing:
- Leading – $XLE $XLB
- 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, Industrials
Are breakouts likely to work: No
Are breakdowns likely to work: Yes
Should I be trading: No, chopfest let market setup
Stock goat 