Overall market trend: Bearish phase
Yesterdays market: Money leaving the market – Very high selling pressure
TC2000 McClellan: -71
Stocks above 40PMA: 19%
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 Friday:
- $XLE +1.69%
1%- sectors Friday:
- $HACK -4.05%
- $JETS -3.52%
- $IBB -2.93%
- $XLY -2.89%
- $XLF -2.53%
- $XLK -1.95%
- $SMH -1.73%
- $KRE -1.71%
- $XLV -1.70%
- $IYT -1.64%
- $RTH -1.36%
- $TAN -1.29%
- $XLI -1.28%
- $XTL -1.26%
Main sectors monthly trailing:
- Leading – $XLE
- Lagging – $XLI $XLY
Sub sectors monthly trailing:
- Leading – $HACK $TLT
- Lagging – $JETS $SMH
Bitcoin: Under the 200sma at 67k 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: Yes
Should I be trading: WSS & EP’s only
Stock goat 