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Here is we can observe the broadening out of the stock concentration we have observed for the past 4 years in the Mag7 which at its peak reached 35% of the market. To read this chart correctly. 1: This is ES/Mag 7 relative strength. It is full ES 500- MAG 7- Apple, Amazon, Google, Meta, Microsoft, Nividia Tesla. 2. When this chart goes up, it means...
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Not much to trade against here but these are my key levels down here on VIX.
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NVDA Staging pullback to 805 where the Y+1 VWAP is. Should hit here this week. Will the buyers reload?
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15A short look across major futures markets after we have an NFP Miss
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