Big Tech trying to take over again.
Sentiment has been weakening quite a bit the last two weeks. Perhaps the choppiness is taking a toll.
SPY keeps bouncing off that 50-day moving average.
Last two days has been nothing but sideways trading, on historically low volume.
No real direction on T2108 either. 1/2 above, 1/2 below 40-day moving average.
Heavy buying into ETFs by Retail last Friday.
SPY Seasonal the weakest for February.
Going nowhere since September.
SMH is really beginning to drag, and could still drop so much further.
SPY doing absolutely nothing today!