SPX is leaking with tech down 2.24% pre-market while health and REITs pick up the slack. ATAI is the only scanner name worth watching today.
Tech is getting hit hard this morning — down 2.24% sector-wide — and that's dragging SPX lower while money rotates into health (+2.22%) and REITs (+2.02%). Crude ripping 2.34% to $80.11 with energy up nearly 1% tells me this isn't a broad risk-off move, it's a sector rotation. I'm treating today as a positioning day, not an aggressive entry day.
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Crypto Fear & Greed sitting at 27 (Fear) while BTC is only down 0.92% — that divergence tells me hands are weak but sellers aren't aggressive. I'm holding my BTC position and not adding here. Gold is my highest conviction long right now; I'm holding through any pullback to $3,940 with no stop tighter than that. My day trade sizing is at 60% of normal given the tech-led chop and the sector rotation uncertainty. Today's action: if SPX opens and holds above $7,480, I'll look at ATAI off that flag setup. If SPX breaks $7,480 in the first 30 minutes, I'm sitting on my hands until noon.