Overall market trend: Bearish phase
Yesterdays market: Money leaving the market – High selling pressure
TC2000 McClellan: -57
Stocks above 40PMA: 20%
Seasonality: Last day of month & quarter expect volatility
Indices:
$QQQ: Downtrend
$SQQQ: Uptrend
$IWM: Downtrend
$SPY: Downtrend
$DIA: Downtrend
1%+ sectors yesterday:
- $TLT +1.33%
- $XLF +1.15%
1%- sectors yesterday:
- $SMH -3.13%
- $XTL -3.10%
- $TAN -2.99%
- $JETS -2.03%
- $XLK -1.86%
- $XLI -1.63%
Main sectors monthly trailing:
- Leading – $XLE $XLU
- Lagging – $XLI $XLY
Sub sectors monthly trailing:
- Leading – $HACK $TLT
- Lagging – $JETS $IYT
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 