Tesla up almost 8% driving the Consumer Discretionary to lead the sectors - Daily Observations 22 March

Market Performance

Sector Performance

• 10 of 11 sectors finished green today.
• Best sector:  Consumer Discretionary +2.47%
• Laggard sector: Energy -0.63%.
• VIX -2.51% to 22.94 from 23.53.
• Crude oil /CL -0.73% to 111.30 from 112.12.
• 10-year Treasury Yield +2.51% to 2.37.
• 30-year Treasury Yield +2.33% to 2.59.

SPY Snapshot

• $SPY +1.17% to 449.59 from 444.39.
• 8-day SMA at 434.80.
• 21-day SMA at 431.28.
• 30-day SMA 435.27.
• 200-day SMA 446.21.
• Relative strength index up to 55 from 52.75.
• Volume slid to 70.45M from 88.35M.

Notebooks

• Major indices, $DJI components, SPY sectors
• S&P500
• CBOE VIX

I am not a professional investment adviser and my opinions are based on my own technical analysis.  Please consult an investment professional before making investment decisions.

Do your due diligence if or when placing a trade. All ideas stated here are my own and do not represent trading or investment advice.