Overall market trend: Bullish phase – day 13
Yesterdays market: Money leaving the market – High selling pressure
TC2000 McClellan: -27.41
Stocks above 40PMA: 55%
VIX: 19
52 week highs (US common stocks): 192
Seasonality: April is typically a strong month
Indices:
$QQQ: Uptrend
$IWM: No trend
$SPY: Uptrend
$DIA: No trend
$BTC: No trend
$SQQQ: Downtrend
$UVIX: Downtrend
$TLT Downtrend
1%+ sectors yesterday:
- $XLE +2.29%
- $XTL +1.81%
- $SMH +1.70%
- $HACK +1.64%
1%- sectors yesterday:
- $TAN -2.60%
- $KRE -1.90%
- $IBB -1.45%
- $JETS -1.38%
- $XLU -1.23%
- $IYT -1.11%
Main sectors monthly trailing:
- Leading – $XLY $XLK
- Lagging – $IBB $XLV
Sub sectors monthly trailing:
- Leading – $SMH $HACK
- Lagging – $TLT $TAN
Bitcoin: Under the 200sma at 76k ish
Themes: Tech, Semis, AI, Robotics, Energy
Are breakouts likely to work for the next 3 – 5 days: From tight setups, market due a pullback, strong stocks may just consolidate
Are breakdowns likely to work for the next 3 – 5 days: Extended & bear flags
Should I be trading: Yes following trade plan
Stock goat 