One red flag I see is the $NYA200R, it seems to have broken the trend of higher lows. The 4 week is at 56 (ish), which seems to be a pretty low number of compainies above their 200sma.
But I’ll leave the tea leaf reading to you, I just happend to notice it and was wondering what you might think.
I’m not sure what to make of it. The NAA200R has been making lower lows for over a year but tech is still performing well. Maybe it’s just a divergence that will continue to build until eventually we do get an intermediate top and hard correction.
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