Overall market: Bullish phase

Short term market: Money leaving the market (starting to cluster)

TC2000 McClellan: Neutral -36

Stocks above 40PMA: 31%

Seasonality: Strongest 6 months typically starts now

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $XTL -1.76%
• $IBB -1.20%

Main sectors monthly trailing:

• Leading – $IBB $XLK
• Lagging – $XLB $XLP

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $KRE $HACK

Bitcoin: Under the 200sma at 104k’ish

Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: Choppy conditions expected for remainder of earnings season so will be highly selective if taking any new longs.

Overall market: Bullish phase

Short term market: Money entering the market

TC2000 McClellan: Neutral -31

Stocks above 40PMA: 32%

Seasonality: Strongest 6 months starts now

1%+ sectors Friday:

• $TAN 2.91%
• $XLY 2.64%
• $HACK 1.75%
• $JETS 1.61%
• $RTH 1.49%
• $IBB 1.32%
• $IYT 1.20%
• $XTL 1.08%

1%- sectors Friday:

• $TAN -1.79%
• $XLB -1.34%
• $JETS -1.18%

Main sectors monthly trailing:

• Leading – $IBB $XLK
• Lagging – $XLB $XLP

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $KRE $JETS

Bitcoin: Under the 200sma at 107k’ish

Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum

Are breakouts likely to work: No

Are breakdowns likely to work: Extended stocks

Should I be trading: Choppy conditions expected for remainder of earnings season so will be highly selective

Overall market: Bullish phase

Short term market: Money leaving the market

TC2000 McClellan: Neutral -51

Stocks above 40PMA: 31%

Seasonality: Typically choppy until the end of Oct, last day of the month

1%+ sectors yesterday:

• $XLY 2.87%

1%- sectors yesterday:

• $TAN -1.79%
• $XLB -1.34%
• $JETS -1.18%

Main sectors monthly trailing:

• Leading – $IBB $XLK
• Lagging – $XLF $XLP

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $KRE $RTH

Bitcoin: At the 200sma at 110k’ish

Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum

Are breakouts likely to work: No

Are breakdowns likely to work: Extended stocks

Should I be trading: Not looking to add any exposure today based on choppy conditions and last day of the month going into the weekend

Overall market: Bullish phase

Short term market: Money leaving the market

TC2000 McClellan: Neutral -28

Stocks above 40PMA: 33%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $HACK -3.17%
• $RTH -1.15%
• XLB -1.96%

Main sectors monthly trailing:

• Leading – $IBB $XLK
• Lagging – $XLF $XLB

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $KRE $RTH

Bitcoin: Above 200sma at 111k’ish

Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres, Quantum

Are breakouts likely to work: Choppy

Are breakdowns likely to work: Extended stocks

Should I be trading: Strong cat EP9’s, probably remain choppy until big tech earnings released Weds & Thurs

Overall market: Bullish phase

Short term market: Money leaving the market

TC2000 McClellan: Neutral 18

Stocks above 40PMA: 39%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $JETS -3.14%
• $XLU -1.65%
• $XLE -1.04%
• XLP -1.00%

Main sectors monthly trailing:

• Leading – $IBB $XLK
• Lagging – $XLE $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $IYT $KRE

Bitcoin: Above 200sma at 113k’ish

Themes: AI, Nuclear, Crypto, Semis, Memory, Data centres

Are breakouts likely to work: Cats Ep9s

Are breakdowns likely to work: Scalping extended stocks

Should I be trading: Strong cat EP9’s, probably remain choppy until big tech earnings released Weds & Thurs

Overall market: Bullish phase

Short term market: Money entering the market

TC2000 McClellan: Bullish 61

Stocks above 40PMA: 43%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• $SMH 2.51%
• $XTL 2.14%
• $XLK 1.85%
• $TAN 1.68%
• $XLY 1.44%
• $IBB 1.26%
• $XLB 1.20%
• $IYT 1.13%
• $SMH 1.10%
• $HACK 1.09%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

• Leading – $IBB $XLV
• Lagging – $XLE $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $IYT $KRE

Bitcoin: Above 200sma at 114k’ish

Are breakouts likely to work: Cats Ep9s

Are breakdowns likely to work: Scalping extended stocks

Should I be trading: Strong cat EP9’s, probably remain choppy until big tech earnings released Weds & Thurs

Overall market: Bullish phase

Short term market: Money entering the market

TC2000 McClellan: Bullish 68

Stocks above 40PMA: 43%

Seasonality: Typically choppy until the end of Oct

1%+ sectors Friday:

• $TAN 3.37%
• $JETS 2.41%
• $XTL 1.92%
• $SMH 1.84%
• $KRE 1.73%
• $XLK 1.55%
• $XLU 1.17%
• $XLF 1.08%
• $HACK 1.02%

1%- sectors Friday:

• $XLE -1.01%

Main sectors monthly trailing:

• Leading – $IBB $XLV
• Lagging – $XLE $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $KRE $IYT

Bitcoin: Strong bounce above 200 sma above $115k

Are breakouts likely to work: Yes

Are breakdowns likely to work: Highly extended stocks

Should I be trading: Yes within trading plan

Overall market: Bullish phase

Short term market: Money entering the market

TC2000 McClellan: Neutral 54

Stocks above 40PMA: 40%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• $XTL 1.75%
• $XLE 1.33%
• $TAN 1.26%
• $XLI 1.25%
• $XLB 1.20%
• $SMH 1.10%
• $HACK 1.09%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

• Leading – $IBB $XLV
• Lagging – $XLE $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $IYT $KRE

Bitcoin: Still testing 200sma at 110k’ish

Are breakouts likely to work: Cats Ep9s

Are breakdowns likely to work: Scalping extended stocks

Should I be trading: Strong cat EP9’s

Overall market: Bullish phase

Short term market: Money leaving the market

TC2000 McClellan: Neutral 32

Stocks above 40PMA: 36%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• $XLE 1.28%

1%- sectors yesterday:

• $XTL -2.34%
• $SMH -1.94%
• $TAN -1.84%
• $JETS -1.64%
• $IYT -1.38%
• $IBB -1.35%
• $HACK -1.03%

Main sectors monthly trailing:

• Leading – $IBB $XLV
• Lagging – $XLB $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $JETS $KRE

Bitcoin: Still testing 200sma at 109k’ish

Are breakouts likely to work: No

Are breakdowns likely to work: Yes

Should I be trading: Not for my style

Overall market: Bullish phase

Short term market: Money leaving the market

TC2000 McClellan: Neutral 48

Stocks above 40PMA: 39%

Seasonality: Typically choppy until the end of Oct

1%+ sectors yesterday:

• $XLY 1.22%

1%- sectors yesterday:

• $XLU -1.02%

Main sectors monthly trailing:

• Leading – $IBB $XLU
• Lagging – $XLB $XLF

Sub sectors monthly trailing:

• Leading – $SMH $TAN
• Lagging – $JETS $KRE

Bitcoin: Still testing 200sma at 108k’ish

Are breakouts likely to work: Strong catalysts EP9

Are breakdowns likely to work: Scalping

Should I be trading: Expecting choppy action for a few weeks moves driven by Trump & earnings