Overall market trend: Bearish phase
Yesterdays market: Money entering the market – Normal buying pressure
TC2000 McClellan: 107 high end of range
Stocks above 40PMA: 47%
VIX: 19
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$SQQQ: Downtrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: Uptrend
1%+ sectors yesterday:
- $SMH +1.75%
- $XLY +1.73%
- $RTH +1.73%
- $KRE +1.69%
- $XLI +1.03%
1%- sectors yesterday:
- $HACK -5.09%
- $IGV -3.90% (added to start tracking from today)
- $TAN -1.37%
- $XLE -1.24%
Main sectors monthly trailing:
- Leading – $XLB $XLF
- Lagging – $XLV $XLP
Sub sectors monthly trailing:
- Leading – $SMH $KRE
- Lagging – $IGV $HACK
Bitcoin: Under the 200sma at 72k 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: CPI report pre market will create volatility if comes in hot or cold, EPs & WSS
Stock goat 