Mid-Week Routine – March 31, 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 UptrendUnder Pressure
Distribution Count55
Reclaim10DMA65EMA
Market Indexes via Top 10 Report
sc 155
sc 156
sc 139

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: Transports, Energy, Home Construction, Utilities, Consumer Staples
1 Week Lagging Performance-Momentum Groups: US Cannabis, SP Biotech, China Internet, IBD50, Nasdaq Biotechnology

WeekGroupPerformance

4 Week Leading Performance-Momentum Groups: Miners, Home Construction, Consumer Staples, Utilities, Real Estate
4 Week Lagging Performance-Momentum Groups: US Cannabis, Solar, SP Biotechnology, China Internet, IBD50

4WeekGroupPerformance

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Top 20 Industry Groups From MarketSmith

Top Industry Groups: Oil&Gas, Retail, Transportation, Metals, Telecom, Banks, Semiconductors

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