The Rust of It All

I am rusty after being away for 10 days and not fully present for a long time. So, I've decided to take my time with trading right now without abrupt trades. Let's look at what happened from yesterday's analysis

First

Top 5 sectors we observed performing in the green today: XLE, XLRE, XLV, XLI, XLF. So, I wasn't too far off from prediction, but, I did monitor the sectors throughout the day, and in the first half of the day, XLK was the one leading the sectors. Let's look at the analysis today.

Even though XLF wasn't the top leader as far as return % goes, we see that it was the most traded sector with a high pressure from the sellers. I did find interesting that even with an almost 3-1 ratio between sellers and buyers, XLF still managed to outperformed SPY today by 0.91%

I mentioned yesterday that I'd consider HOOD, today we saw it jump from ~$107 to $112 in the first 30 minutes of the day before it crashed and ended below that support in the 5minute chart.

If we go back to the volume, we can deduct a few things for tomorrow. XLY & XLP to have a great performance tomorrow. I will continue to monitor XLF as I want to see if I'm really early with my calls, if I am, then I will continue to study HOODs performance for this.

Let's see what tomorrow awaits us