Overall market trend: Bearish
Yesterdays market: Money leaving the market – High selling pressure
TC2000 McClellan: Neutral -52
Stocks above 40PMA: 41%
Seasonality: Later March typically stronger than Feb in mid term year
Indices:
$QQQ: No trend
$SQQQ: No trend
$IWM: Downtrend
$SPY: Downtrend
$DIA: Downtrend
1%+ sectors yesterday:
- $HACK +2.06%
1%- sectors yesterday:
- $JETS -4.54%
- $IYT -3.24%
- $IBB -2.49%
- $XLI -2.22%
- $XLB -2.10%
- $XLP -2.01%
- $XTL -1.99%
- $TAN -1.42%
- $KRE -1.33%
- $RTH -1.07%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLF $XLY
Sub sectors monthly trailing:
- Leading – $TAN $TLT
- Lagging – $JETS $KRE
Bitcoin: Under the 200sma at 71k 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
Stock goat 