Profit taking in the metal sector -XME
Profit taking from the vaccines - XLV
Energy is still rallying on higher oil prices -XLE
10yr yield is undergoing a massive H&S which is effecting financials- XLF
Tesla and PayPal, weighed down the XLK but the rest of the pullback in tech was modest , not real selling.
NVDA and AMD finally took a Gatorade break which allowed The pullback for the -SMH
Sum it up, Tech is the wild car here but if financials and health dragged hard enough it'll come down.
I'm looking for a pullback to 8ema or 464.63 tomorrow.
If it drops below that 461 is the second target
Profit taking from the vaccines - XLV
Energy is still rallying on higher oil prices -XLE
10yr yield is undergoing a massive H&S which is effecting financials- XLF
Tesla and PayPal, weighed down the XLK but the rest of the pullback in tech was modest , not real selling.
NVDA and AMD finally took a Gatorade break which allowed The pullback for the -SMH
Sum it up, Tech is the wild car here but if financials and health dragged hard enough it'll come down.
I'm looking for a pullback to 8ema or 464.63 tomorrow.
If it drops below that 461 is the second target
