Overall market trend: Bearish phase
Yesterdays market: Money leaving the market – Normal selling pressure
TC2000 McClellan: -36
Stocks above 40PMA: 23%
Seasonality: Later March typically stronger than Feb in mid term year
Indices:
$QQQ: Downtrend
$SQQQ: Uptrend
$IWM: No trend
$SPY: Downtrend
$DIA: Downtrend
1%+ sectors yesterday:
- $XLE +2.03%
- $XLB +1.89%
- $XTL +1.65%
1%- sectors yesterday:
- $HACK -3.21%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLV $XLB
Sub sectors monthly trailing:
- Leading – $HACK $TLT
- Lagging – $JETS $KRE
Bitcoin: Under the 200sma at 71k ish
Themes: Energy, Semis, Tech
Are breakouts likely to work for the next 3 – 5 days: No
Are breakdowns likely to work for the next 3 – 5 days: Probably
Should I be trading: WSS & EP’s only
Stock goat 