S&P futures are ripping +1.08% to $7,500.58 led by Tech's +3.04% surge, but Crypto Fear & Greed just hit 20 (Extreme Fear) with BTC at $65K. The divergence is loud.
Tech is doing the heavy lifting this morning and SPX is printing $7,500 — but I'm not calling this a clean breakout when crypto is flashing Extreme Fear at 20 and Energy is bleeding -1.65% while crude slides to $74.78. Something underneath this tape isn't clean.
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I'm holding my gold position through this dip — $4,200 is my line and we're not there yet. BTC at $65K with Extreme Fear at 20 is actually interesting to me as a longer-term accumulation signal, but I'm not adding pre-market into a crypto tape this skittish. My index exposure stays put. On the day-trade side, I'm watching SWBI for the opening range break above $15.50 — half size given the broader sector rotation noise. I'm not touching BFLY until after the first 30-minute candle closes.