Overall market trend: Bearish phase
Yesterdays market: Money entering the market – Very high buying pressure
TC2000 McClellan: 11
Stocks above 40PMA: 23%
VIX: 25
Seasonality: April is typically strong
Indices:
$QQQ: Downtrend
$SQQQ: Uptrend
$IWM: No trend
$SPY: No trend
$DIA: No trend
1%+ sectors yesterday:
- $SMH +5.76%
- $TAN +5.33%
- $IBB +4.32%
- $XLK +4.24%
- $JETS +4.19%
- $HACK +3.66%
- $XTL +3.63%
- $IYT +3.35%
- $XLI +3.27%
- $XLY +3.14%
- $KRE +2.42%
- $XLF +2.09%
- $RTH +1.96%
- $XLV +1.94%
- $XLB +1.79%
1%- sectors yesterday:
- $XLE -1.13%
Main sectors monthly trailing:
- Leading – $XLE $IBB
- Lagging – $XLI $XLP
Sub sectors monthly trailing:
- Leading – $HACK $TAN
- Lagging – $JETS $IYT
Bitcoin: Under the 200sma at 68k ish
Themes: Semis, Tech, Comms
Are breakouts likely to work for the next 3 – 5 days: Maybe
Are breakdowns likely to work for the next 3 – 5 days: Selectively
Should I be trading: 800+ day yesterday could be the start of a bullish cycle
Stock goat 