Overall market trend: Bullish phase – day 5

Fridays market: Money entering the market – Very high buying pressure

TC2000 McClellan: 126 high end of range

Stocks above 40PMA: 63%

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 Friday:

• $JETS +4.84%
• $XLY +2.36%
• $KRE +2.24%
• $SMH +2.06%
• $IYT +1.90%
• $XLI +1.87%
• $RTH +1.71%
• $XLK +1.53%
• $XLV +1.49%
• $IBB +1.46%
• $XPL +1.26%
• $TAN +1.17%
• $XTL +1.04%
• $HACK +1.03%

1%- sectors Friday:

• $XLE -2.76%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 75k ish

Themes: Semis, Tech, 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 is at 171, anything over 100 is considered frothy so expect some kind of pullback

Overall market trend: Bullish phase – day 4

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 88 high end of range

Stocks above 40PMA: 56%

VIX: 18

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:

• $XTL +3.55%
• $HACK +2.40%
• $IYT +1.70%
• $IGV +1.66%
• $XLE +1.47%
• $XLK +1.14%

1%- sectors yesterday:

• $TAN -1.50%
• $JETS -1.44%
• $IBB -1.06%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 75k ish

Themes: Semis, Tech, 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 is over 100, anything over 100 is considered frothy so expect some kind of pullback

Overall market trend: Bullish phase – day 3

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: 99 high end of range

Stocks above 40PMA: 54%

VIX: 18

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$SQQQ: Downtrend

$UVIX: Downtrend

1%+ sectors yesterday:

• $JIGV +4.40%
• $HACK +3.36%
• $XLK +1.60%
• $XLY +1.49%

1%- sectors yesterday:

• $XLI -1.25%
• $XLB -1.21%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 75k ish

Themes: Semis, Tech, 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 is at 100, anything over 100 is considered frothy so expect some kind of pullback

Overall market trend: Bullish phase – day 2

Yesterdays market: Money entering the market – High buying pressure

TC2000 McClellan: 113 high end of range

Stocks above 40PMA: 53%

VIX: 18

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

$UVIX: Downtrend

1%+ sectors yesterday:

• $JETS +4.42%
• $XLY +2.21%
• $IBB +2.13%
• $SMH +1.95%
• $XLK +1.60%
• $IYT +1.44%
• $RTH +1.19%
• $SP500 +1.18%

1%- sectors yesterday:

• $XLE -2.03%
• $HACK -1.08%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 74k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Yes

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 is at 131, anything over 100 is considered frothy so expect some kind of pullback

Overall market trend: Bullish phase – day 1

Yesterdays market: Money entering the market – Very high buying pressure

TC2000 McClellan: 108 high end of range

Stocks above 40PMA: 50%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $IGV +5.40%
• $HACK +4.37%
• $XLK +2.10%
• $XLF +1.75%
• $IBB +1.66%
• $SMH +1.48%

1%- sectors yesterday:

• $XLU -1.21%
• $XLP -1.00 %

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 75k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Yes

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

Should I be trading: Yes, start of earnings season and 1st day moving into a new bullish phase. EP & Sugarbabys.

Overall market trend: Bearish phase

Yesterdays market: Money leaving the market – Normal normal pressure

TC2000 McClellan: 76 high end of range

Stocks above 40PMA: 45%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors Friday:

• $SMH +1.53%

1%- sectors Friday:

• $HACK -4.85%
• $IGV -2.57%
• $IBB -1.62%
• $XLV -1.35%
• $KRE -1.30%
• $XLP -1.29%
• $XLF -1.09%

Main sectors monthly trailing:

• Leading – $XLB $XLE
• Lagging – $XLV $XLP

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 71k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

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

Should I be trading: Yes, start of earnings season, EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 107 high end of range

Stocks above 40PMA: 47%

VIX: 19

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $SMH +1.75%
• $XLY +1.73%
• $RTH +1.73%
• $KRE +1.69%
• $XLI +1.03%

1%- sectors yesterday:

• $HACK -5.09%
• $IGV -3.90% (added to start tracking from today)
• $TAN -1.37%
• $XLE -1.24%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 72k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

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

Should I be trading: CPI report pre market will create volatility if comes in hot or cold, EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Very high buying pressure

TC2000 McClellan: 104 high end of range

Stocks above 40PMA: 44%

VIX: 21

Seasonality: April is typically a strong month

Indices:

$QQQ: Uptrend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $SMH +5.76%
• $JETS +5.65%
• $TAN +3.76%
• $XLI +3.75%
• $XLB +3.33%
• $XTL +3.16%
• $XLK +3.10%
• $IYT +3.09%
• $RTH +2.95%
• $KRE +2.91%
• $XLY +2.83%
• $XLF +2.65%
• $XLV +2.12%
• $IBB +1.99%
• $XLP +1.87%
• $XLU +1.10%

1%- sectors yesterday:

• $XLE -3.51%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

• Leading – $HACK $KRE
• Lagging – $TLT $RTH

Bitcoin: Under the 200sma at 71k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

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

Should I be trading: EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money leaving the market – Normal selling pressure

TC2000 McClellan: 50

Stocks above 40PMA: 32%

VIX: 26

Seasonality: April is typically a strong month

Indices:

$QQQ: No trend

$SQQQ: Downtrend

$IWM: Uptrend

$SPY: Uptrend

$DIA: Uptrend

1%+ sectors yesterday:

• $XTL +1.56%
• $HACK +1.47%

1%- sectors yesterday:

• $XLP -1.69%
• $TAN -1.27%
• $XLY -1.16%

Main sectors monthly trailing:

• Leading – $XLE $IBB
• Lagging – $XLY $XLP

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 72k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst based

Are breakdowns likely to work for the next 3 – 5 days: No, +20% in last 5 days is frothy, so more suited to scalping as opposed to 3 – 5 day shorts.

Should I be trading: EPs & WSS

Overall market trend: Bearish phase

Yesterdays market: Money entering the market – Normal buying pressure

TC2000 McClellan: 62

Stocks above 40PMA: 31%

VIX: 24

Seasonality: April is typically a strong month

Indices:

$QQQ: No trend

$SQQQ: No trend

$IWM: Uptrend

$SPY: No trend

$DIA: Uptrend

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $TAN -1.26%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 69k ish

Themes: Semis, Tech, Comms, Financials

Are breakouts likely to work for the next 3 – 5 days: Catalyst stocks

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

Should I be trading: EPs & WSS