Overall market trend: Bullish phase – day 17
Yesterdays market: Money leaving the market – High selling pressure
TC2000 McClellan: -35
Stocks above 40PMA: 55%
VIX: 18
52 week highs (US common stocks): 199
Seasonality: May is typically a weaker month
Indices:
$QQQ: Uptrend
$IWM: Uptrend
$SPY: Uptrend
$DIA: No trend
$BTC: Uptrend
$SQQQ: Downtrend
$UVIX: Downtrend
$TLT Downtrend
1%+ sectors yesterday:
- $IGV +2.09%
- $IBB +1.73%
- $HACK +1.60%
1%- sectors yesterday:
- $IYT -3.95%
- $TAN -1.50%
- $XLB -1.36%
- $JETS -1.32%
- $XTL -1.23%
- $KRE -1.19%
- $XLI -1.14%
Main sectors monthly trailing:
- Leading – $XLY $XLK
- Lagging – $XLB $XLV
Sub sectors monthly trailing:
- Leading – $SMH $IGV
- Lagging – $TLT $JETS
Bitcoin: Under the 200sma at 81k 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 