The Mid-Week Routine: April 13, 2021

Mid-Week Routine – April 13, 2021

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 ConditionsConfirmed UptrendConfirmed Uptrend
Distribution Count01
Reclaim10DMA10DMA
Market Indexes via Top 10 Report
sc 77
sc 62
sc 78

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: Software, Consumer Discretionary, SP500 Growth, Technology, Social Media
1 Week Lagging Performance-Momentum Groups: SP Biotech, Oilers, Nasdaq Biotech, Energy, Semis

1WeekGroupPerformance413

4 Week Leading Performance-Momentum Groups: Miners, Technology, Home Construction, SP500 Growth, Utilities
4 Week Lagging Performance-Momentum Groups: US Cannabis, SP Biotech, Oilers, Solar, China Internet

4WeekGroupPerformance413

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Top 20 Industry Groups From MarketSmith

Top Industry Groups: Oil&Gas, Retail, Metals/Steel, Transportation, Banks, Computer-Integrated Systems

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