The morning read is constructive but not clean. SPY is close to its 755.5 pivot, while QQQ is stretched below 745.5 after a negative premarket gap. Small caps are firmer, creating a split between…
U.S. index ETFs point lower before the open, with SPY at 755.18 and QQQ at 741.91 against nearby pivot levels. The tape still carries a bullish regime label, but today’s read is less about…