Choppy, RSI diverging across indexes and indexes split bull/bear on EMAs are weighing on the score.
How do I size?
▼REDUCE SIZE
SPY & QQQ are below the 50 EMA — the trend is broken. Trade minimal size or stand aside until they reclaim it.
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INDEX OVERVIEWMajor index trend & momentum
SPY
S&P 500
NEUTRAL
763.23-1.11%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
LEAN BEAR
LEAN BEAR
BULL
QQQ
Nasdaq 100
NEUTRAL
709.80-2.50%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
LEAN BEAR
LEAN BEAR
BULL
DIA
Dow 30
LEAN BULL
519.06-0.41%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
LEAN BULL
LEAN BEAR
BULL
IWM
Russell 2000
LEAN BEAR
270.45-1.68%
Daily
Weekly
Monthly
EMA 8
EMA 21
EMA 50
Bias
BEAR
LEAN BEAR
LEAN BEAR
VIX20.39+3.93(+23.88%)
↑risingELEVATED
1Y PCTLE84%
20d SMA15.75
MARKET BREADTH
HEALTHY53.2 / 100
ABOVE 200D MA
51.6%+0.6
↑improving5d: +4.2
ABOVE 50D MA
44.8%+2.0
↑improving5d: +10.4
ABOVE 20D MA
68.7%+0.2
↑improving5d: +14.6
TOP SETUPS
42 bullish · 83 bearish · 684 scanned
BULLISH SETUPS(Calls)
EMREmerson Electric★ LEADERA+
$161.45·1d-0.43%20d+7.69%·vs SPY 20d+7.5%
BB Squeeze
Bollinger width at 8.3% — bottom 10th percentile
ADX 12 — low trend, coiling for expansion
Extreme squeeze — bottom 5th percentile
RSI 58 · Vol 1.03x · ADR 2.3%
Industrials
Watch for 8 EMA hold near $161.32
TMOThermo Fisher ScientificA
$696.55·1d+3.47%20d+5.81%·vs SPY 20d+5.6%
Breakout
Closed above 20-bar high at $694.33
Volume 1.6x 50-day average
ADX 38 — strong trend
RSI 67 · Vol 1.35x · ADR 2.8%
Health Care
Watch for break above $694.33 on volume
FASTFastenalA
$51.02·1d+1.27%20d+4.10%·vs SPY 20d+3.9%
BB Squeeze
Bollinger width at 4.9% — bottom 10th percentile
ADX 14 — low trend, coiling for expansion
Extreme squeeze — bottom 5th percentile
+1 moreRSI 54 · Vol 1.11x · ADR 2.5%
Industrials
Watch for break of inside bar high $51.19
BEARISH SETUPS(Puts)
MARMarriott InternationalA
$388.05·1d+0.61%20d+14.50%·vs SPY 20d+14.3%
Extended / Reversion
Shooting Star candle while extended above the rising EMA 21
Within 2% of 20-bar high ($389.18)
RSI 76 — stretched above the rising EMA 21
+1 moreRSI 76 · Vol 1.26x · ADR 1.9%
Consumer Discretionary
HLTHilton WorldwideA
$345.04·1d+0.60%20d+12.86%·vs SPY 20d+12.7%
Extended / Reversion
Gravestone Doji candle while extended above the rising EMA 21
Within 2% of 20-bar high ($344.46)
RSI 73 — stretched above the rising EMA 21
RSI 73 · Vol 0.92x · ADR 1.9%
Consumer Discretionary
OKTAOkta★ LEADERA
$187.26·1d-10.20%20d+2.68%·vs SPY 20d+2.5%
Overcut & Fail
Overcut above prior swing high ($226.44), then failed
Weak close: lower 91% of range
Volume 2.0x average on fail bar
+1 moreRSI 42 · Vol 2.06x · ADR 5.2%
Cybersecurity +7Information Technology
THEMES
Sorted by relative strength
▲Software / SaaS
INLINE
1d-4.5%5d-2.5%20d-1.5%
RS5d-0.6%20d-1.7%
▼ outflow
Big move today: avg -4.5% across the group
Software / SaaS · INLINE · ▲Tracking the market — RS -1.7% over 20d, roughly in line with SPY. Trend is up (LEAN BULL) — favors calls. Money rotating out (recent pace decelerating).
▼AI Software
LAGGARD
1d-5.2%5d-3.9%20d-7.6%
RS5d-2.0%20d-7.8%
▼ outflow
Big move today: avg -5.2% across the group
AI Software · LAGGARD · ▼Lagging the market — RS -7.8% over 20d, -2.0% over 5d. Trend is down (LEAN BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Gold / Metals
WEAK
1d-0.3%5d-2.9%20d-10.0%
RS5d-0.9%20d-10.2%
NAK leading the group at -4.5%
Gold / Metals · WEAK · ▼Badly trailing SPY — RS -10.2% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts.
▼Fintech
LAGGARD
1d-3.8%5d-5.4%20d-9.3%
RS5d-3.4%20d-9.5%
▼ outflow
Sharp selloff, -5.4% avg over 5 days
Fintech · LAGGARD · ▼Lagging the market — RS -9.5% over 20d, -3.4% over 5d. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Biotech
LAGGARD
1d-4.5%5d-9.5%20d-8.7%
RS5d-7.6%20d-8.9%
▼ outflow
Sharp selloff, -9.5% avg over 5 days
Biotech · LAGGARD · ▼Lagging the market — RS -8.9% over 20d, -7.6% over 5d. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Cybersecurity
INLINE
1d-7.0%5d-17.3%20d-1.3%
RS5d-15.3%20d-1.5%
1.3× vol▼ outflow
2 of 7 names breaking down
Cybersecurity · INLINE · ▼Tracking the market — RS -1.5% over 20d, roughly in line with SPY. Trend is down (BEAR) — favors puts. Volume 1.3× the 20-day average — institutional participation. Money rotating out (recent pace decelerating). Scanner flags 0 bullish / 2 bearish setups in the group.
Crypto
WEAK
1d-5.8%5d-6.9%20d-11.1%
RS5d-5.0%20d-11.3%
▼ outflow
Sharp selloff, -6.9% avg over 5 days
Crypto · WEAKBadly trailing SPY — RS -11.3% over 20d. Money is leaving this group. No clear directional trend (mixed EMA structure) — RS strong but choppy for direction. Money rotating out (recent pace decelerating).
▼Semiconductors
WEAK
1d-5.3%5d-14.7%20d-10.9%
RS5d-12.8%20d-11.1%
▼ outflow
Sharp selloff, -14.7% avg over 5 days
Semiconductors · WEAK · ▼Badly trailing SPY — RS -11.1% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Clean Energy / EV
WEAK
1d-4.9%5d-9.0%20d-16.7%
RS5d-7.0%20d-16.9%
▼ outflow
Sharp selloff, -9.0% avg over 5 days
Clean Energy / EV · WEAK · ▼Badly trailing SPY — RS -16.9% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Nuclear Energy
WEAK
1d-3.6%5d-12.5%20d-14.6%
RS5d-10.5%20d-14.8%
▼ outflow
Sharp selloff, -12.5% avg over 5 days
Nuclear Energy · WEAK · ▼Badly trailing SPY — RS -14.8% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼AI Infrastructure
WEAK
1d-4.9%5d-18.3%20d-11.2%
RS5d-16.4%20d-11.4%
▼ outflow
Sharp selloff, -18.3% avg over 5 days
AI Infrastructure · WEAK · ▼Badly trailing SPY — RS -11.4% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Defense & Drones
WEAK
1d+0.0%5d-10.3%20d-22.5%
RS5d-8.3%20d-22.7%
▼ outflow
Sharp selloff, -10.2% avg over 5 days
Defense & Drones · WEAK · ▼Badly trailing SPY — RS -22.7% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Space
WEAK
1d-6.1%5d-17.2%20d-21.4%
RS5d-15.2%20d-21.6%
▼ outflow
Sharp selloff, -17.2% avg over 5 days
Space · WEAK · ▼Badly trailing SPY — RS -21.6% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼AI Optical
WEAK
1d-5.3%5d-23.1%20d-13.0%
RS5d-21.1%20d-13.2%
▼ outflow
Sharp selloff, -23.1% avg over 5 days
AI Optical · WEAK · ▼Badly trailing SPY — RS -13.2% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Rare Earths
WEAK
1d-0.5%5d-12.2%20d-23.8%
RS5d-10.2%20d-24.0%
▼ outflow
Group deeply oversold, avg RSI 28
Rare Earths · WEAK · ▼Badly trailing SPY — RS -24.0% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating). Scanner flags 0 bullish / 1 bearish setup in the group.
▼Aviation / eVTOL
WEAK
1d-4.0%5d-16.2%20d-23.3%
RS5d-14.2%20d-23.5%
▼ outflow
Group deeply oversold, avg RSI 29
Aviation / eVTOL · WEAK · ▼Badly trailing SPY — RS -23.5% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Quantum Computing
WEAK
1d-7.9%5d-18.9%20d-22.6%
RS5d-16.9%20d-22.8%
▼ outflow
Group deeply oversold, avg RSI 29
Quantum Computing · WEAK · ▼Badly trailing SPY — RS -22.8% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼Robotics / Automation
WEAK
1d-7.2%5d-19.9%20d-22.9%
RS5d-17.9%20d-23.1%
▼ outflow
Sharp selloff, -19.9% avg over 5 days
Robotics / Automation · WEAK · ▼Badly trailing SPY — RS -23.1% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Money rotating out (recent pace decelerating).
▼AI Data Centers
WEAK
1d-10.2%5d-19.2%20d-33.6%
RS5d-17.2%20d-33.8%
1.6× vol▼ outflow
Group deeply oversold, avg RSI 29
AI Data Centers · WEAK · ▼Badly trailing SPY — RS -33.8% over 20d. Money is leaving this group. Trend is down (BEAR) — favors puts. Volume 1.6× the 20-day average — institutional participation. Money rotating out (recent pace decelerating).