SPX is essentially unchanged overnight but sector rotation is telling a clear story. Industrials +1.09%, Tech +1.09% — the tape wants to go higher. Two pre-market movers are on my radar.
Overnight was quiet on the index level but the sector tape is anything but — Industrials leading at +1.09% and Tech close behind at +0.61% while Health and Consumer are getting hit. That's a rotation I respect. SPX flat near $7,675 is not a warning sign, it's a coil.
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Fear & Greed sitting at 55 (Greed) — not extreme, so I'm not fading the market broadly. I'm holding my SPX index position and gold long through today. BTC I'm leaving alone; 71 on the Crypto F&G is the zone where I've historically bought FOMO and regretted it. On the day-trade side, GTN-A is my primary focus at the open — half-size until I see how it handles the first 5-minute candle. If the open is clean and $7,650 holds on SPX, I'll scale to full size on any qualified flag setup. No new shorts unless GENB gives me that dead-cat level to fade into.
Not financial advice. Everything here is personal opinion and commentary on public market data. Do your own research.
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