In the coming days/weeks I'm looking for signs of exhaustion.
$SKHY SK Hynix missed earnings and revenue. Initially it sold off after hours but now trading even higher than it closed.
$SMH single highest volume day since 2019 after giving back half of the entire post March rally.
We still have FOMC and the rest of Mag 7 earnings but I'm definitely nibbling on a few things here long term.
US tech momentum, as represented by the Invesco Dorsey Wright Technology Momentum ETF (PTF), has just seen its second-fastest drawdown to −27.5% in history.
Only COVID was faster.
@bigchartrades Dawg I dont think u have haters ur pretty chill. I just dont think you have proven to be consistently profitable. Hopefully you do that in 2026.