@PharmD_KS I used a few things.
Dia & Spy made new highs, external liquidity but did so on a gap up. Simultaneously, QQQ once again made a lower high. Additionally this Sept Opexโs 650 has boatload of open interest so it acts somewhat as a call wall until Spy is truly ready to break out.
@swingtrader
Vvix back at its take off level from July, Vix at the lower end of its two year rangeโฆare we near any major bands on the daily or weekly??
@Banana3Stocks For this to play out, tech would have to catch up. Almost every other sector is at some sort of high(ATH, 2024, or 2023). As in the past Nvda earnings can lift the entire tech sector, temporarily. But if it canโt lift the Qโs the needed 5% for ATH, is this valid or contra?