Overall market trend: Bullish phase – day 15
Yesterdays market: Money entering the market – Very high buying pressure
TC2000 McClellan: -21
Stocks above 40PMA: 60%
VIX: 17
52 week highs (US common stocks): 295
Seasonality: May is typically a weaker month
Indices:
$QQQ: Uptrend
$IWM: No trend
$SPY: Uptrend
$DIA: No trend
$BTC: No trend
$SQQQ: Downtrend
$UVIX: Downtrend
$TLT Downtrend
1%+ sectors yesterday:
- $XTL +5.28%
- $TAN +4.08%
- $XLI +2.74%
- $XLU +2.56%
- $XLV +2.21%
- $IBB +2.00%
- $JETS +1.97%
- $XLP +1.68%
- $IYT +1.60%
- $SMH +1.43%
- $RTH +1.37%
- $XLY +1.29%
- $KRE +1.19%
- $XLE +1.05%
- $XLB +1.00%
1%- sectors yesterday:
- $HACK -1.57%
Main sectors monthly trailing:
- Leading – $XLY $XLK
- Lagging – $IBB $XLV
Sub sectors monthly trailing:
- Leading – $SMH $IYT
- Lagging – $TLT $JETS
Bitcoin: Under the 200sma at 77k ish
Themes: Tech, Semis, AI, Robotics, Energy
Are breakouts likely to work for the next 3 – 5 days: Yes EPs SoS
Are breakdowns likely to work for the next 3 – 5 days: No
Should I be trading: Yes following trade plan
Stock goat 