SPX futures are pushing toward $7,209 with Industrials and Health Care leading overnight. My scanner flagged three high-RVOL small-cap setups worth watching at the open.
Overnight action is constructive. SPX $7,209 is up 1.02% and the broad market looks like it wants to go higher — Industrials (+2.74%), Utilities (+2.56%), and Health Care (+2.21%) are doing the heavy lifting. That's not a tech-led rally, which tells me this is rotation money, not speculative froth. The Fear & Greed Index sitting at 67 (Greed) means I'm not chasing blindly, but I'm not fading this either.
Gold pulling back 1.05% to $4,581 while crude holds at $105.42 is an interesting divergence. Energy sector up 1.05% confirms oil strength is feeding through. I'm holding my bullion position but I'm not adding here — let it cool another 2-3% before I consider layering in. Bitcoin at $77,245 with Crypto Fear & Greed still at 26 (Fear) is the setup I keep watching. Price is climbing while sentiment stays depressed. That's usually where the real move starts.
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ISM Manufacturing data drops this morning — that's my macro wildcard. A soft print could reverse this Industrials strength fast. I'm going in with small size on VLN at the open and waiting on the data before committing to anything larger.