Overall market trend: Bullish phase – day 18

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: 2

Stocks above 40PMA: 57%

VIX: 17

52 week highs (US common stocks): 330

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:

• $TAN +3.99%
• $SMH +3.14%
• $JETS +2.52%
• $XLK +2.21%
• $HACK +2.07%
• $XLB +1.74%
• $HACK +1.60%
• $IYT +1.55%
• $KRE +1.35%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

• Leading – $XLY $XLK
• Lagging – $XLU $XLV

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics, Energy

Are breakouts working: Yes

Are breakouts likely to work for the next 3 – 5 days: 20% study elevated over 100 so expecting a pullback in the coming days

Are breakdowns likely to work for the next 3 – 5 days: No

Should I be trading: Yes following trade plan

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

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

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

Overall market trend: Bullish phase – day 11

Yesterdays market: Money coming into the market – Normal buying pressure

TC2000 McClellan: 36

Stocks above 40PMA: 60%

VIX: 18

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: No trend

$SQQQ: Downtrend

$UVIX: No trend

$TLT No trend

1%+ sectors yesterday:

• $KRE +1.71%
• $HACK +1.09%

1%- sectors yesterday:

• $JETS -1.81%
• $XTL -1.58%
• $XLP -1.07%

Main sectors monthly trailing:

• Leading – $XLY $XLK
• Lagging – $XLE $XLV

Sub sectors monthly trailing:

• Leading – $SMH $IYT
• Lagging – $TLT $JETS

Bitcoin: Under the 200sma at 77k ish

Themes: Tech, Semis, Transports, AI, Robotics

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: War related & bear flags

Should I be trading: Yes, EPs WSS SoS, lots of the MAG7 report this week so will likely dictate direction, see if good earnings get rewarded or sold.

Overall market trend: Bullish phase – day 10

Yesterdays market: Money coming into the market – Normal buying pressure

TC2000 McClellan: 35

Stocks above 40PMA: 59%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT No trend

1%+ sectors Friday:

• $SMH +5.10%
• $XLK +2.81%
• $IGV +1.95%
• $JETS +1.09%

1%- sectors yesterday:

• $KRE -1.59%
• $XLV -1.41%
• $IBB -1.02%

Main sectors monthly trailing:

• Leading – $XLY $XLK
• Lagging – $XLE $XLV

Sub sectors monthly trailing:

• Leading – $SMH $IYT
• Lagging – $TLT $HACK

Bitcoin: Under the 200sma at 78k ish

Themes: Tech, Semis, Transports

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: War related & bear flags

Should I be trading: Yes, EPs WSS SoS, lots of the MAG7 report this week so will likely dictate direction, see if good earnings get rewarded or sold.

Overall market trend: Bullish phase – day 9

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: 43

Stocks above 40PMA: 59%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

$TLT Downtrend

1%+ sectors yesterday:

• $TAN +2.75%
• $XLU +2.72%
• $XLI +1.77%
• $IYT +1.72%
• $XLP +1.67%
• $XLE +1.20%
• $KRE +1.08%
• $SMH +1.05%

1%- sectors yesterday:

• $IGV -5.83%
• $HACK -3.60%
• $IBB -1.62%
• $XLK -1.42%
• $XLY -1.00%

Main sectors monthly trailing:

• Leading – $XLB $XLK
• Lagging – $XLE $XLU

Sub sectors monthly trailing:

• Leading – $SMH $IYT
• Lagging – $IGV $HACK

Bitcoin: Under the 200sma at 78k ish

Themes: Semis, Tech, Metals, Materials

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: War related & bear flags

Should I be trading: Yes, EPs WSS SoS

Overall market trend: Bullish phase – day 8

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: 55 cooled off but still elevated

Stocks above 40PMA: 60%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

$TLT Downtrend

1%+ sectors yesterday:

• $TAN +4.30%
• $SMH +2.62%
• $IGV +2.38%
• $XLK +2.20%
• $XLE +1.20%

1%- sectors yesterday:

• $JETS -3.25%
• $IYT -2.33%

Main sectors monthly trailing:

• Leading – $XLY $XLK
• Lagging – $XLE $XLU

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 78k ish

Themes: Semis, Tech, Metals, Retail

Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation

Are breakdowns likely to work for the next 3 – 5 days: No, unless war related or scalps

Should I be trading: Yes, overbought conditions eased with 20% study back below 100

Overall market trend: Bullish phase – day 7

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: 65 cooled off but still elevated end of range

Stocks above 40PMA: 59%

VIX: 20

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

1%+ sectors yesterday:

• $HACK +1.59%
• $XLE +1.45%

1%- sectors yesterday:

• $JETS -2.90%
• $XLU -1.75%
• $TAN -1.57%
• $KRE -1.43%
• $XLI -1.41%
• $XLV -1.02%
• $IBB -1.01%

Main sectors monthly trailing:

• Leading – $XLY $XLK
• Lagging – $XLE $XLU

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 78k ish

Themes: Semis, Tech, Metals, Retail

Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation

Are breakdowns likely to work for the next 3 – 5 days: No, unless war related

Should I be trading: Yes, overbought conditions eased with 20% study back below 100

Overall market trend: Bullish phase – day 6

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 121 high end of range

Stocks above 40PMA: 63%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

1%+ sectors yesterday:

• $IGV +1.43%

1%- sectors yesterday:

• $JETS -1.33%

Main sectors monthly trailing:

• Leading – $XLY $XLK
• Lagging – $XLE $XLU

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 76k ish

Themes: Semis, Tech, Telecoms, Financials

Are breakouts likely to work for the next 3 – 5 days: Yes but expect some backfill / consolidation

Are breakdowns likely to work for the next 3 – 5 days: No, unless war related

Should I be trading: Yes, but stocks up +20% in 5 days still over 100, anything over 100 is considered frothy so expect some kind of pullback