The divergence is catching eyes between Dow Transports (IYT) and SPY.
Great graphical explanation of what the TACO Trade looks like on the charts.
Heavy rotation appears to be happening with tech related stocks.
Nothing much happening...clear floor and ceiling to the rates to watch.
Resistance is kicking in on GME and the stock is getting pummeled.
Retail sentiment has jumped by leaps and bounds over the past month.
With the exception of Healthcare and Semiconductors, everything else seems bent on reflecting overall price action on SPY.
Russell 2000 ETF (IWM) struggling big time with declining resistance and looks set to test it again.
Not as bad as you'd think, considering today's news, but certainly well off the recent highs.
The 200-day moving average and major price level support being tested on SPY here.