SA 26/02/2026

Overall market trend: Neutral

Fridays market: Money entering the market – High buying pressure

TC2000 McClellan: Neutral 10

Stocks above 40PMA: 52%

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:

  • $HACK +1.95%
  • $XLK +1.92%
  • $KRE +1.75%
  • $XLF +1.75%
  • $SMH +1.67%

1%- sectors yesterday:

  • $TAN -2.02%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 68k ish

Themes: Energy, Materials, Telecoms, Industrials, Semis, Tech

Are breakouts likely to work: Select

Are breakdowns likely to work: Select

Should I be trading: Market might be turning out of the chop phase, but still in manage current positions mode

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