Overall market trend: Bearish phase
Yesterdays market: Money entering the market – High buying pressure
TC2000 McClellan: 1
Stocks above 40PMA: 25%
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:
- $TAN +2.81%
- $IBB +2.54%
- $XLB +1.98%
- $JETS +1.89%
- $XTL +1.63%
- $SMH +1.12%
- $RTH +1.11%
- $XLV +1.00%
1%- sectors yesterday:
- None
Main sectors monthly trailing:
- Leading – $XLE $XLK
- Lagging – $XLV $XLP
Sub sectors monthly trailing:
- Leading – $HACK $TLT
- Lagging – $JETS $IYT
Bitcoin: Under the 200sma at 70k ish
Themes: Energy, Semis, Tech, Comms
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 