Overall market trend: Neutral
Fridays market: Money entering the market – High buying pressure
TC2000 McClellan: Neutral 37
Stocks above 40PMA: 54%
Seasonality: Feb typically weakest of the 1st 3 months
Indices:
$QQQ: No trend
$SQQQ: No trend
$IWM: No trend
$SPY: No trend
$DIA: No trend
1%+ sectors yesterday:
- $JETS +2.49%
- $IYT +2.21%
- $HACK +1.47%
- $XLF +1.21%
1%- sectors yesterday:
- $SMH -3.32%
- $TAN -2.92%
- $XTL -2.03%
- $XLK -1.40%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLK $XLY
Sub sectors monthly trailing:
- Leading – $IYT $JETS
- 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: Still feels choppy, 1st half of March typically bullish in mid term so might get a trending market then
Stock goat 