SA 20/02/2026

Overall market trend: Neutral

Yesterdays market: Money entering the market

TC2000 McClellan: Neutral 10

Stocks above 40PMA: 56%

Seasonality: Feb typically weakest of the 1st 3 months

Indices:

$QQQ: Downtrend

$SQQQ: Uptrend

$IWM: Uptrend

$SPY: Downtrend

$DIA: Downtrend

1%+ sectors yesterday:

  • $XTL +1.25%
  • $XLU +1.10%

1%- sectors yesterday:

  • $JETS -3.96%
  • $TAN -3.16%

Main sectors monthly trailing:

  • Leading – $XLE $XLB
  • Lagging – $XLF $XLY

Sub sectors monthly trailing:

  • Leading – $KRE $TAN
  • Lagging – $HACK $RTH

Bitcoin: Under the 200sma at 68k 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

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