S&P futures are up 1.18% overnight with tech and consumer leading. I'm watching the $7,000 psychological level on SPX and sizing up my Bitcoin position while crypto sits in Extreme Fear.
Overnight was quietly bullish. SPX at $6,967 is knocking on the door of $7,000 and that level matters — it's not just round number psychology, it's where I expect short-term sellers to show up first. Tech (+1.60%) and Consumer (+2.21%) are doing the heavy lifting, which tells me this isn't a rotation into defensives, it's genuine risk-on appetite. I'm not chasing the open. I want to see if $7,000 holds as resistance or flips to support within the first 30 minutes.
The crypto Fear & Greed sitting at 23 (Extreme Fear) while Bitcoin is only down slightly at $74,336 is actually a constructive divergence. Sentiment is crushed but price isn't collapsing. That's the kind of setup I accumulate into, not sell. I added to my BTC position last week and I'm holding. If we see a flush toward $71,500 today I'm buying more, not panicking.
Gold at $4,833 pulling back slightly after an enormous run doesn't concern me — it's digesting. Silver's -0.82% is worth noting but I'm not trimming my bullion positions on a sub-1% intraday move. Energy sector getting hit -2.03% despite crude up +0.62% is a disconnect I'm keeping my eye on. That kind of divergence usually resolves one way violently.
Be respectful. Slurs and harassment will be removed. Not financial advice.
One email each weekday. Same voice, same format, no spam.
Not financial advice. Do your own research.
I'm going into the open long BTC, long gold, long SPX via index. No new small-cap setups today — scanner came up empty and I don't force trades.