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Mkt faded -ve to new month but SPY supported on 200MA

@jfsrevg
2/3/2023 Market Diary -Narrative similar. Mkt faded -ve to new month but SPY$SPDR S&P 500 ETF Trust(SPY)$ supported on 200MA -XLE$Energy Select Sector SPDR Fund(XLE)$ (+2.02%) consolidate for 8th session at rising 200MA,OIH$VanEck Oil Services ETF(OIH)$ reclaimed 10,20,50MA in a single session. +ve thrusted by China Feb MFC-PMI FXI$iShares China Large-Cap ETF(FXI)$ +4.15% -BOAT$SonicShares Global Shipping ETF(BOAT)$ propelled higher $SPDR S&P 500 ETF Trust(SPY)$ $Invesco QQQ Trust(QQQ)$ $iShares Russell 2000 ETF(IWM)$ $Lions Gate Entertainment(LGF)$ $Innovate Corp.(VATE)$ $MicroSectors FANG & Innovation -3X Inverse Leveraged ETN(BERZ)$ $Ardmore Shipping(ASC)$ $CymaBay Therapeutics(CBAY)$ $Cantaloupe Inc.(CTLP)$ $Youdao(DAO)$ $DraftKings Inc.(DKNG)$ $BMO REX MicroSectors FANG Index 3X Inverse Leveraged ETN(FNGD)$ $Fastly, Inc.(FSLY)$ $Global-E Online Ltd.(GLBE)$ $Inozyme Pharma(INZY)$ $iQiyi Inc.(IQ)$ $Jasper Therapeutics(JSPR)$ $Lottery(LTRY)$ $NextDecade Corporation(NEXT)$ $Nu Holdings Ltd.(NU)$ $ProQR Therapeutics NV(PRQR)$ $Redwire Corp.(RDW)$ $SelectQuote, Inc.(SLQT)$ $Innovate Corp.(VATE)$ $VEON Ltd(VEON)$ $Ventyx Biosciences, Inc.(VTYX)$ $Waterdrop Inc.(WDH)$ $GeneDx Holdings(WGS)$ $Real Estate Select Sector SPDR Fund(XLRE)$ $Materials Select Sector SPDR Fund(XLB)$ $Consumer Discretionary Select Sector SPDR Fund(XLY)$ $Communication Services Select Sector SPDR Fund(XLC)$ $Utilities Select Sector SPDR Fund(XLU)$ $Financial Select Sector SPDR Fund(XLF)$ $Industrial Select Sector SPDR Fund(XLI)$ $Health Care Select Sector SPDR Fund(XLV)$ $Consumer Staples Select Sector SPDR Fund(XLP)$ $Technology Select Sector SPDR Fund(XLK)$ $Energy Select Sector SPDR Fund(XLE)$https://twitter.com/jeffsuntrading/status/1631197988965187585
Mkt faded -ve to new month but SPY supported on 200MA

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