Tech ripping +2.81% overnight is dragging the S&P to $7,165. Two low-float momentum names hit my radar, but I'm not chasing blindly into a Greed reading.
Futures are green and tech is doing the heavy lifting — +2.81% overnight on the sector while everything else is basically a mess. Finance -0.73%, Health -1.41%, Comms -1.58%. This is a tech-led bounce, not a broad market rally, and I'm treating it exactly that way. SPX $7,165 is the level I'm watching at the open. A clean hold above it with expanding breadth gives me confidence for intraday longs. A fade back under $7,100 and I'm sitting on my hands.
The CNN Fear & Greed sits at 66 (Greed) — not extreme enough to flip me bearish, but enough to keep me from throwing size at breakouts. Bitcoin at $77,782 pulling back while equities rip is a mild divergence I'm noting. Gold and silver both slightly red, crude up 1% — energy sector not following crude is a tell I don't love.
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No economic data of significance drops today, so price action is the story. I'm going into the open with cash in the trading account, two defined setups in MX and RMAX, and my core gold and BTC positions untouched. I'm not adding to bullion on a down day until I see $4,680 hold as support.