Overall market trend: Neutral
Fridays market: Money entering the market – High selling pressure
TC2000 McClellan: Neutral -2
Stocks above 40PMA: 51%
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:
- $XTL +1.71%
- $XLY +1.52%
- $SMH +1.52%
- $XLK +1.30%
- $XLI +1.23%
- $XLU +1.11%
- $JETS +1.09%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $IYT $TAN
- Lagging – $HACK $RTH
Bitcoin: Under the 200sma at 65k 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 