Overall market trend: Bullish phase – day 27

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: -45

Stocks above 40PMA: 43%

VIX: 18

52 week highs (US common stocks): 208

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$SPY: Uptrend

$DIA: No trend

$IWM: Downtrend

$BTC: Downtrend

$SQQQ: Downtrend

$UVIX: Downtrend

$TLT Downtrend

1%+ sectors yesterday:

• $HACK +3.05%
• $XLE +1.92%
• $XPL +1.49%
• $KRE +1.42%
• $XLF +1.25%
• $IGV 1.19%
• $RTH +1.08%

1%- sectors yesterday:

• $TAN -3.62%
• $SMH -1.83%
• $IBB -1.68%
• $XLK -1.08%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 77k ish

Themes: Utilities, Industrials, Electrical Equipment, Semiconductors, Energy Infrastructure, Data-Center, Aerospace & Defense, Cybersecurity, Satellites, Industrial Technology

Are breakouts working: Selectively

Are breakouts likely to work for the next 3 – 5 days: EP9 focus, markets extended breadth indicators starting to rollover

Are breakdowns likely to work for the next 3 – 5 days: Yes in weak sectors & extended stocks

Should I be trading: Yes following trade plan

Overall market trend: Bullish phase – day 25

Yesterdays market: Money entering the market – Normal selling pressure

TC2000 McClellan: -38

Stocks above 40PMA: 48%

VIX: 17

52 week highs (US common stocks): 321

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: No trend

$SQQQ: Downtrend

$UVIX: No trend

$TLT Downtrend

1%+ sectors yesterday:

• $HACK +2.88%
• $IGV +2.30%
• $XTL 2.10%
• $TAN +1.79%
• $IYT +1.52%
• $XLK +1.50%
• $SMH +1.03%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: Selectively

Are breakouts likely to work for the next 3 – 5 days: EP9 focus, markets extended breadth indicators starting to rollover

Are breakdowns likely to work for the next 3 – 5 days: Yes in weak sectors

Should I be trading: Yes following trade plan

Overall market trend: Bullish phase – day 24

Yesterdays market: Money leaving the market – High selling pressure

TC2000 McClellan: -68

Stocks above 40PMA: 46%

VIX: 18

52 week highs (US common stocks): 298

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT Downtrend

1%+ sectors yesterday:

• $TAN +3.50%
• $SMH +2.00%
• $XTL +1.30%
• $HACK +1.02%

1%- sectors yesterday:

• $KRE -1.60%
• $XLU -1.15%
• $XLF -1.14%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 80k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: No

Are breakouts likely to work for the next 3 – 5 days: EP9 focus, markets extended breadth indicators starting to rollover

Are breakdowns likely to work for the next 3 – 5 days: Extended stocks

Should I be trading: Yes following trade plan

Overall market trend: Bullish phase – day 23

Yesterdays market: Money leaving the market – normal selling pressure

TC2000 McClellan: -46

Stocks above 40PMA: 51%

VIX: 18

52 week highs (US common stocks): 258

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT Downtrend

1%+ sectors yesterday:

• $XLV +1.96%
• $IBB +1.34%
• $XLP +1.28%

1%- sectors yesterday:

• $SMH -2.61%
• $TAN -2.22%
• $IGV -1.38%
• $JETS -1.28%
• $HACK -1.24%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

Are breakouts working: No

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: Extended stocks

Should I be trading: Yes following trade plan

Overall market trend: Bullish phase – day 22

Yesterdays market: High buying pressure & high selling pressure

TC2000 McClellan: -32

Stocks above 40PMA: 53%

VIX: 18

52 week highs (US common stocks): 280

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: No trend

$TLT No trend

1%+ sectors yesterday:

• $XLE +2.64%
• $XTL +2.24%
• $TAN +1.79%
• $SMH +1.72%
• $XLK +1.34%
• $XLB +1.30%
• $XLI +1.06%

1%- sectors yesterday:

• $JETS -3.17%
• $KRE -1.86%
• $RTH -1.68%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

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 21

Fridays market: Money entering the market – High buying pressure

TC2000 McClellan: -4

Stocks above 40PMA: 57%

VIX: 17

52 week highs (US common stocks): 353

Seasonality: May is typically a weaker month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$BTC: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

$TLT No trend

1%+ sectors Friday:

• $SMH +4.90%
• $TAN +3.65%
• $XLK +3.44%
• $HACK +1.07%

1%- sectors Friday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 81k ish

Themes: Tech, Semis, AI, Robotics

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 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