Overall market: Bullish phase

Short term market: Normal buying selling pressure

TC2000 McClellan: Neutral 86

Stocks above 40PMA: 57%

Seasonality: Typically strong

1%+ sectors yesterday:

• $XTL +2.06%
• $XLB +1.99%
• $XLF +1.82%
• $XTI +1.07%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 92k ish

Themes: Metals, Semis, Bio, Healthcare, Transports, Energy, Financials

Are breakouts likely to work: Quality CATs, EP9

Are breakdowns likely to work: No

Should I be trading: High quality 9mil & EPs

Overall market: Bullish phase

Short term market: High buying pressure – money coming into the market

TC2000 McClellan: Neutral 58

Stocks above 40PMA: 53%

Seasonality: Typically strong

1%+ sectors yesterday:

• $KRE +3.46%
• $TAN +2.76%
• $JETS +2.04%
• $XTL +1.99%
• $XLB +1.96%
• $XLI +1.83%
• $XLY +1.47%
• $XLV +1.45%
• $SMH +1.38%
• $XLF +1.14%
• $IBB +1.10%
• $XLE +1.05%
• $IYT +1.03%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 90k ish

Themes: Metals, Semis, Bio, Healthcare, Transports, Energy, Financials

Are breakouts likely to work: Quality CATs

Are breakdowns likely to work: Extended / exhausted, scalps

Should I be trading: High quality 9mil & still feels choppy although more back to back buying days

Overall market: Bullish phase

Short term market: High buying pressure – money coming into the market

TC2000 McClellan: Neutral 14

Stocks above 40PMA: 47%

Seasonality: Typically strong

1%+ sectors yesterday:

• None

1%- sectors yesterday:

• $IBB -1.68%
• $IYT -1.08%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 93k ish

Themes: Metals, Semis, Bio, Healthcare, Transports, Energy, Financials

Are breakouts likely to work: Quality CATs

Are breakdowns likely to work: Extended / exhausted, scalps

Should I be trading: High quality 9mil & EP’s only still think in choppy phase and FOMC tonight

Overall market: Bullish phase

Short term market: Neutral

TC2000 McClellan: Neutral 2

Stocks above 40PMA: 47%

Seasonality: Typically strong

1%+ sectors yesterday:

• $SMH +1.13%

1%- sectors yesterday:

• $XLY -1.45%
• $XLB -1.38%
• $XLU -1.34%
• $XLV -1.19%
• $XLE -1.09%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 90k ish

Themes: Metals, Semis, Bio, Healthcare, Transports, Energy

Are breakouts likely to work: Quality CATs

Are breakdowns likely to work: Extended / exhausted, scalps

Should I be trading: High quality 9mil & EP’s only still think in choppy phase

Overall market: Bullish phase

Short term market: Neutral

TC2000 McClellan: Neutral 43

Stocks above 40PMA: 51%

Seasonality: Typically strong

1%+ sectors Friday:

• $JETS +1.93%

1%- sectors Friday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 92k ish

Themes: Metals, Semis, Bio, Healthcare, Transports, Energy

Are breakouts likely to work: Quality CATs

Are breakdowns likely to work: Extended / exhausted

Should I be trading: High quality 9mil & EP’s only still think in choppy phase

Overall market: Bullish phase

Short term market: Money entering the market – high buying pressure

TC2000 McClellan: Neutral 58

Stocks above 40PMA: 52%

Seasonality: Typically strong

1%+ sectors yesterday:

• $XTL +1.58%
• $TAN +1.39%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 92k ish

Themes: Metals, Semis, Bio, Healthcare, Transports, Energy

Are breakouts likely to work: Quality CATs

Are breakdowns likely to work: Maybe

Should I be trading: High quality 9mil & EP’s only still think in choppy phase

Overall market: Bullish phase

Short term market: Money entering the market – Very high buying pressure

TC2000 McClellan: Neutral 74

Stocks above 40PMA: 53%

Seasonality: Typically strong

1%+ sectors yesterday:

• $IYT +2.53%
• $KRE +2.08%
• $XLE +1.87%
• $IBB +1.78%
• $JETS +1.76%
• $SMH +1.37%
• $XLF +1.34%
• $HACK +1.27%
• $XTL +1.25%
• $XLY +1.08%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 93k ish

Themes: Metals, Semis, Transports, Energy

Are breakouts likely to work: Quality CATs

Are breakdowns likely to work: Maybe

Should I be trading: High quality 9mil & EP’s only

Overall market: Bearish phase

Short term market: Money leaving the market – normal selling pressure

TC2000 McClellan: Neutral 37

Stocks above 40PMA: 48%

Seasonality: Typically strong

1%+ sectors yesterday:

• $SMH +1.83%
• $JETS +1.72%
• $XTL +1.15%
• $XLK +1.03%

1%- sectors yesterday:

• $XLE -1.29%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 93k ish

Themes: Metals

Are breakouts likely to work: Feels like choppy rangebound market

Are breakdowns likely to work: As above

Should I be trading: High quality EP’s only

Overall market: Bearish phase

Short term market: Money leaving the market – high selling pressure

TC2000 McClellan: Neutral 61

Stocks above 40PMA: 49%

Seasonality: Typically strong

1%+ sectors yesterday:

• $KRE +1.10%

1%- sectors yesterday:

• $TAN -2.60%
• $XLU -2.34%
• $IBB -2.14%
• $XTL -1.50%
• $XLI -1.46%
• $HACK -1.43%

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 87k ish

Themes: Metals

Are breakouts likely to work: Feels like choppy rangebound market

Are breakdowns likely to work: As above

Should I be trading: High quality EP’s only

Overall market: Bearish phase

Short term market: Money entering the market – high buying pressure

TC2000 McClellan: Bullish zone 95

Stocks above 40PMA: 49%

Seasonality: Typically strong

1%+ sectors yesterday:

• $SMH +2.26%
• $JETS +2.14%
• $TAN +1.74%
• $XTL+1.48%
• $IYT+1.39%
• $XLU +1.33%
• $XLK +1.18%
• $XLP +1.09%

1%- sectors yesterday:

• None

Main sectors monthly trailing:

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

Sub sectors monthly trailing:

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

Bitcoin: Under the 200sma at 91k ish

Themes: Biotech, Healthcare, Quality earnings

Are breakouts likely to work: Yes although 4 day rally so due a pause

Are breakdowns likely to work: No

Should I be trading: Yes but cautionary after 4 day rally. EP9s with quality CATs. $SPY & $QQQ back above 50sma.