SA 03/03/2026

Overall market trend: Neutral

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: Neutral 20

Stocks above 40PMA: 49%

Seasonality: March typically stronger than Feb in mid term year

Indices:

$QQQ: No trend

$SQQQ: Downtrend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

  • $XTL +4.59%
  • $TAN +2.47%
  • $HACK +2.09%
  • $XLE +2.00%
  • $XLE +1.58%
  • $KRE +1.48%

1%- sectors yesterday:

  • $JETS -2.64%
  • $XLP -1.44%
  • $TLT -1.33%
  • $XLY -1.23%
  • $XLV -1.04%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

  • Leading – $IYT $TLT
  • Lagging – $HACK $SMH

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: Choppy, manage current positions

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