Energy is the foundation of all future technology and innovation. Without abundant, affordable power, AI, EVs, manufacturing, and breakthroughs simply stall.
Higher energy costs = slower growth, lost jobs, and pain to tech markets.
A quarterly bullish imbalance on $CL and a Middle Eastern conflict for a perfect narrative is not what we need moving into the second half of 2026 and 2027…
$SPY $QQQ
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SMT Divergence across $SPY and $QQQ overnight as the S&P takes Tuesday's low and Nasdaq does not...
The huge lack in urgency off of those lows and controlled construction thus far leads me to believe that NQ will eventually follow SPY and chase the Tuesday low, but is there room for a run to buyside overhead prior?
29302 on NQ has a lot of confluence to be the next rejecter, as we have an hourly, 4h and hourly bearish breaker at that mark. The only missing piece is some urgency to the upside, which I would consider to be a bullish imbalance. Without the bullish imbalance, nothing is really implying a move up there at this point... but also leaves that path open if bulls can step up.
At the time of tweet:
$AMD $103
$NBIS $83
$ALAB $109
$RKLB $4.80
Currently:
$AMD $467
$NBIS $214
$ALAB $306
$RKLB $135
What an incredible ride it has been in 2026!