SA 05/03/2026

Overall market trend: Neutral

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: Neutral -31

Stocks above 40PMA: 45%

Seasonality: Later March typically stronger than Feb in mid term year

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: No trend

$SPY: No trend

$DIA: Downtrend

1%+ sectors yesterday:

  • $XTL +2.65%
  • $XLY +1.78%
  • $XLK +1.70%
  • $IBB +1.69%

1%- sectors yesterday:

  • None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

  • Leading – $IYT $TLT
  • Lagging – $JETS $KRE

Bitcoin: Under the 200sma at 72k 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

Leave a comment