SPY / SPX / ES futures hitting all time high while volume going down, a possible sign of divergence.
Keep an eye on NASDAQ (QQQ, /NQ futures) since tech stocks is around 20% SPY holdings.
NQ price action shows LL (Lower Lows) and LH (Lower Highs) means we are still at a down trend on Tech stocks.
Also, keep an eye on the US10Y Yield (currently around 1.71) if we hit 1.9+, there could possibly be more sell offs to come especially if its a fast move up.
Keep an eye on NASDAQ (QQQ, /NQ futures) since tech stocks is around 20% SPY holdings.
NQ price action shows LL (Lower Lows) and LH (Lower Highs) means we are still at a down trend on Tech stocks.
Also, keep an eye on the US10Y Yield (currently around 1.71) if we hit 1.9+, there could possibly be more sell offs to come especially if its a fast move up.
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