Oct 1st: Ti esrever dna ti pilf - Market Weather Report
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Markets must be a Missy fan. Today was the Ti esrever dna ti pilf to yesterday’s post “Flip it and reverse it”
Chop will continue until a catalyst appears.
In practice, it’s been nothing but chop since Market Sandiego closed at new ATHs.
Here’s a two week $SPY and $ES_F chart with 1 hour bars. Last time Powell had a big speech markets got bought then sold off. Today markets put its thing down, flipped it and reversed it.
The question still remains: Where two next, Market Sandiego?
Sector ETF Weather Report
Materials: Roost
Communication Services: Tailwind
Energy: Tailwind
Financials: Roost
Industrials: Tailwind
Technology: Headwind
Consumer Staples: Headwind
Real Estate: Headwind
Utilities: Tailwind
Health Care: Headwind
Consumer Discretionary: Roost
Algorithmically generated I Not investment advice
Little Bird Trading’s Market Weather Report
Algorithmically generated insights on: SPY, QQQ, DIA, IWM, NVDA, META, AAPL, AMZN, NFLX, GOOGL, MSFT, IBIT, ETHA, COIN, TSLA, AVGO, JPM, XOM, WMT, and 100+ other US listed stocks, bonds, commodities, currencies, and crypto.
Free example: Sept 20 - Where two next, Market Sandiego? - Market Weather Report
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