Overall market trend: Bearish phase
Yesterdays market: Money entering the market – Normal buying pressure
TC2000 McClellan: Bounce territory -56
Stocks above 40PMA: 27%
Seasonality: Later March typically stronger than Feb in mid term year
Indices:
$QQQ: Downtrend
$SQQQ: No trend
$IWM: No trend
$SPY: No trend
$DIA: No trend
1%+ sectors yesterday:
- $JETS +1.99%
- $IYT +1.35%
- $SMH +1,35%
- $XTL +1.06%
- $IYT +1.15%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLB $XLP
Sub sectors monthly trailing:
- Leading – $HACK $TAN
- Lagging – $JETS $KRE
Bitcoin: Under the 200sma at 74k ish
Themes: Energy, Telecoms, Industrials, Semis, Tech
Are breakouts likely to work: Maybe
Are breakdowns likely to work: Possibly shorting in the hole
Should I be trading: EP 9mil
Stock goat 