TECH continues to hold for now.
Large Divergences on the Daily TF have yet to take hold.
The Apex of the ascending wedge completes @ ~ 15323 inching
its way towards our PO @ 15363.
Equities outside of TECH can rise due to financial components
and favorable rate environments for Banks. NQ Bank a solid
indicator. ES RTY and YM are finding footing into higher targets
for YM - 35,900 and 36,700.
NQ would underperform.
The VIX Is quickly moving to its lower boundaries down to
12.30 - 15.47 on the Daily. Lots of naysayers to this, yet here
we are.
Interesting times, trade safe.
Large Divergences on the Daily TF have yet to take hold.
The Apex of the ascending wedge completes @ ~ 15323 inching
its way towards our PO @ 15363.
Equities outside of TECH can rise due to financial components
and favorable rate environments for Banks. NQ Bank a solid
indicator. ES RTY and YM are finding footing into higher targets
for YM - 35,900 and 36,700.
NQ would underperform.
The VIX Is quickly moving to its lower boundaries down to
12.30 - 15.47 on the Daily. Lots of naysayers to this, yet here
we are.
Interesting times, trade safe.
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