SPX pushes toward $7,731 on a pure tech rally, but nine of eleven sectors are red. I'm not chasing this breadth divergence blindly.
Tech is carrying the entire market on its back this morning — TECH +3.16% while Health, Consumer, Finance, and Industrials are all getting hit. SPX at $7,731 looks strong on the surface, but a one-sector rally with this kind of breadth divergence is a warning sign, not an all-clear.
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Not financial advice. Do your own research.
I'm not adding to index exposure here. Nine sectors red with SPX up 0.72% is not a tape I trust. My gold position stays — I'll hold through any dip to $4,620 but I'm not adding until I see a clean reclaim of $4,650. BTC I trimmed 15% of my position yesterday and I'm glad I did. On the day-trade side, BIRD is my top watch at the open — half-size, tight stop, no heroics. If the broad market doesn't broaden by 10:30 AM ET, I'm sitting on my hands for the rest of the session.
Not financial advice. Everything here is personal opinion and commentary on public market data. Do your own research.
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