SPY closed up a lacklustre 0.21% yesterday.
Opened higher, closed lower. Never a good sign.
Stocks rotation had small caps out performing tech mega caps.
Just the inverse of Monday.
SPY remains above support.
Momentum squeeze indicator still rising.
ES futes are indicated down -3.75 as of now suggesting a lower open for SPY.
Trend still remains higher though markets trading without much conviction.
Opened higher, closed lower. Never a good sign.
Stocks rotation had small caps out performing tech mega caps.
Just the inverse of Monday.
SPY remains above support.
Momentum squeeze indicator still rising.
ES futes are indicated down -3.75 as of now suggesting a lower open for SPY.
Trend still remains higher though markets trading without much conviction.