SPY hovers above 200MA, while mkt breath grinds +ve

1/3/2023 Market Diary & Playbook

-mkt faded lower but major indexes all consolidated in past 5day range as SPY$SPDR S&P 500 ETF Trust(SPY)$ hovers above 200MA, while mkt breath grinds +ve

-KWEB$CSI China Internet ETF(KWEB)$ (strongest dec-jan grp) consolidating above rising 200MA

- ISM Manufacturing data due at 10AM ET

$SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Lions Gate Entertainment(LGF)$ $C3.ai, Inc.(AI)$ $Ardmore Shipping(ASC)$ $MicroSectors FANG & Innovation -3X Inverse Leveraged ETN(BERZ)$ $BioSig Technologies, Inc.(BSGM)$ $CymaBay Therapeutics(CBAY)$ $Cerence Inc.(CRNC)$ $Cytosorbents(CTSO)$ $BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN(FNGD)$

$Fastly, Inc.(FSLY)$ $Global-E Online Ltd.(GLBE)$ $Inozyme Pharma(INZY)$ $iQiyi Inc.(IQ)$ $Jasper Therapeutics(JSPR)$ $Lottery(LTRY)$ $MiMedx Group, Inc.(MDXG)$ $MoonLake Immunotherapeutics(MLTX)$ $NextDecade Corporation(NEXT)$ $MicroSectors U.S. Big Oil Index -3x Inverse Leveraged ETN(NRGD)$ $Nu Holdings Ltd.(NU)$ $ProQR Therapeutics NV(PRQR)$ $Redwire Corp.(RDW)$ $Innovate Corp.(VATE)$ $Velo3D, Inc.(VLD)$ $Ventyx Biosciences, Inc.(VTYX)$ $Waterdrop Inc.(WDH)$ $GeneDx Holdings(WGS)$

$Real Estate Select Sector SPDR Fund(XLRE)$ $Materials Select Sector SPDR Fund(XLB)$ $Consumer Discretionary Select Sector SPDR Fund(XLY)$ $Communication Services Select Sector SPDR Fund(XLC)$ $Utilities Select Sector SPDR Fund(XLU)$ $Financial Select Sector SPDR Fund(XLF)$ $Industrial Select Sector SPDR Fund(XLI)$ $Health Care Select Sector SPDR Fund(XLV)$ $Consumer Staples Select Sector SPDR Fund(XLP)$ $Technology Select Sector SPDR Fund(XLK)$ $Energy Select Sector SPDR Fund(XLE)$ I didn't want to take any trade when entry lvl have exceeded 30% of ATR from LoD. not worth the risk unless entry is extremely tight when market has generally down through the month.

https://twitter.com/jeffsuntrading/status/1630836021658284032

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    ·2023-03-06
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      Hhh
      2023-03-02
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