The morning session was a tale of two tapes: tech and industrials doing the heavy lifting while comms and consumer crater. BIRD is the only name on my scanner worth watching into power hour.
Morning was a grind. SPX is basically unchanged at $7,516 and the tape character has shifted from yesterday's directional move into a choppy, sector-rotation session. Crypto Fear & Greed sitting at 22 (Extreme Fear) while BTC is barely green tells me that bid is exhausted for now.
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I didn't add to anything this morning. Gold position is running well and I'm letting it breathe — no stops moved, still targeting $4,450 medium-term. BTC at $65,669 with Crypto Fear & Greed at Extreme Fear is not a buy signal for me today; that's a "wait for capitulation or a confirmed bounce" setup. Day trade sizing stays at half risk until SPX picks a side off $7,516. Into power hour I'm watching BIRD exclusively — if it builds a flag above $5.80 in the next 30 minutes, I'm in small.