The Weekend Routine: April 18, 2021

Weekend Routine – April 18, 2021


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

SPX 18 Apr 2021 12 20

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 Count11
Reclaim10DMA10DMA
Market Indexes via Top 10 Report
sc 79
sc 80
sc 81

3. Sector, Group, Industry Review

1 Week Leading Performance-Momentum Groups: Utilities, Health Care, Vanguard HealthCare, Medical, Materials
1 Week Lagging Performance-Momentum Groups: US Cannabis, Airlines, Semiconductors, Oilers, China Internet

1WeekGroupPerformance4182021

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

4WeekGroupPerformance4182021

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Top 20 Industry Groups From MarketSmith

Top Industry Groups: Oil&Gas, Transportation, Retail, Semiconductor Equipment, Banks, Metals/Steel/Building

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