Overall market trend: Neutral
Fridays market: Money leaving the market – High selling pressure
TC2000 McClellan: Neutral 11
Stocks above 40PMA: 49%
Seasonality: Typical strength 1st half of March in a mid year
Indices:
$QQQ: No trend
$SQQQ: No trend
$IWM: No trend
$SPY: No trend
$DIA: No trend
1%+ sectors Friday:
- $XTL +3.45%
- $XLV +1.77%
- $XLE +1.58%
- $RTH +1.32%
- $XLP +1.29%
- $XLU +1.17%
1%- sectors Friday:
- $KRE -5.14%
- $TAN -4.48%
- $JETS -3.98%
- $XLF -2.04%
- $XLK -1.60%
- $SMH -1.37%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLK $XLY
Sub sectors monthly trailing:
- Leading – $IYT $TLT
- Lagging – $HACK $TAN
Bitcoin: Under the 200sma at 66k 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 soon
Stock goat 