Technology sector is taking heavy losses this week, with Nvidia (NVDA)Â looking at a third straight week of losses. Meanwhile Russell 2000 (IWM) looking to rally for a fourth straight week.
Crazy divergence between the net longs on the Nasdaq 100 (QQQ) and the Russell 2000 (IWM).
Solid continuation today, but the participation and volume remains quite light for the S&P 500 (SPY).
Big Tech is out and the everything else crowd is back in!
T2108 back in the 60's is good. Not great, but certainly good.
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).