Overall market trend: Neutral
Yesterdays market: Money leaving the market – Very high selling pressure
TC2000 McClellan: Neutral -4
Stocks above 40PMA: 50%
Seasonality: Feb typically weakest of the 1st 3 months
Indices:
$QQQ: No trend
$SQQQ: No trend
$IWM: No trend
$SPY: No trend
$DIA: Downtrend
1%+ sectors yesterday:
- $XLP +1.23%
- $XLV +1.10%
1%- sectors yesterday:
- $HACK -4.69%
- $KRE -4.39%
- $XLF -3.35%
- $JETS -3.26%
- $IYT -2.90%
- $XLY -2.09%
- $XLK -1.68%
- $XLI -1.35%
- $SPY -1/04%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $SMH $TAN
- Lagging – $HACK $KRE
Bitcoin: Under the 200sma at 63k ish
Themes: Solar, Energy, Materials, Telecoms, Industrials
Are breakouts likely to work: No
Are breakdowns likely to work: Yes
Should I be trading: No, chopfest let market setup
Stock goat 