If this were a stock chart, I'd be gearing up for a breakout.
Accenture (ACN) working on a developing cup and handle, but beware of the resistance that looms large overhead.
Cloudflare (NET) breaking out of the wedge pattern in the early going here, but not a lot of body to the candle so far. Holding support underneath and attempting to bounce off of it.
Stock Market historically, and across the board, doesn't fare well in September.
Solid bounce so far off of support for Palantir Technologies (PLTR).
Tech is starting to lag the market which could indicate this market has run out of the momentum it sustained off the April lows.
Nasdaq 100 (QQQ) pushing below its lower channel band. At six days in a row lower, setting up for a bounce here.
The US Treasury are engaged in their own form of QE now, in the form of a 4B buyback this morning.
Way too much concentration in the Mag 7 stocks and creates a systemic risk to the market as a whole.
Semiconductors are showing weakness and Tech is following.