Weekend Routine – June 6, 2021


1. Reviewing last week to prep for next week: 5 Day 15 min Chart, Volume Stats & Commentary via @TLPrivate_

SPX 06 Jun 2021 17 19

SUFO – Stocks Up From Open
SDFO – Stocks Down From Open
U/D – Up/Down
RV – Relative Volume
HRV – High Relative Volume
LRV – Low Relative Volume
EOD – End of Day
PLG – Potential Leadership Groups
DMA – Daily Moving Average
KMA – Key Moving Average

Leadership Day – Indexes finish up on the session with leadership groups leading from the open.
Rotation Day – Indexes finish up on the session with laggards leading from the open.
Distribution Day – Indexes finish down on the session on increasing volume vs prior day. Track index volume: https://www.traderlion.com/stock-market-exchange-volume/

2. Market Review

SP500Nasdaq
Market ConditionsUnder PressureUnder Pressure
Distribution Count75
Support10DMA10DMA
Market Indexes via Top 10 Report
sc 32
sc 33
sc 34

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: Oilers, Energy, Real Estate, Aerospace, Robotics, Technology, Growth
1 Week Lagging Performance-Momentum Groups: Cannabis, Solar, Medical, Home Construction, Airlines

1WeekGroupPerformance20210604

4 Week Leading Performance-Momentum Groups: Oilers, Semiconductors, Solar, Software, Aerospace, Telecom, Casinos
4 Week Lagging Performance-Momentum Groups: Home Construction, Consumer Discretionary, Medical, Cannabis, Retail, Transports

4WeekGroupPerformance20210604

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Top 40 Industry Groups From MarketSmith

Top Industry Groups: Retail, Oil&Gas, Steel, Media, Commercial Services

Top40IndustryGroups20210604