Overall market trend: Bearish phase
Yesterdays market: Money entering the market – Very high buying pressure
TC2000 McClellan: 104 high end of range
Stocks above 40PMA: 44%
VIX: 21
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$SQQQ: Downtrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
1%+ sectors yesterday:
- $SMH +5.76%
- $JETS +5.65%
- $TAN +3.76%
- $XLI +3.75%
- $XLB +3.33%
- $XTL +3.16%
- $XLK +3.10%
- $IYT +3.09%
- $RTH +2.95%
- $KRE +2.91%
- $XLY +2.83%
- $XLF +2.65%
- $XLV +2.12%
- $IBB +1.99%
- $XLP +1.87%
- $XLU +1.10%
1%- sectors yesterday:
- $XLE -3.51%
Main sectors monthly trailing:
- Leading – $XLB $IBB
- Lagging – $XLY $XLP
Sub sectors monthly trailing:
- Leading – $HACK $KRE
- Lagging – $TLT $RTH
Bitcoin: Under the 200sma at 71k ish
Themes: Semis, Tech, Comms, Financials
Are breakouts likely to work for the next 3 – 5 days: Catalyst based
Are breakdowns likely to work for the next 3 – 5 days: Extended & stocks breaking down
Should I be trading: EPs & WSS
Stock goat 