The morning read is constructive at the index level but not clean underneath. QQQ is showing the largest opening gap at +1.7%, SPY is stretched above its 741.0 pivot, and the broader market-quality…
U.S. equity conditions start the day mixed, with market quality at 57 and follow-through weaker at 32. The main driver is event risk: the FOMC statement, rate decision, projections, and press…
U.S. equity conditions enter the morning mixed: SPY is sitting near its 754.5 pivot, while QQQ is close to its own anchor after a strong technology-led stretch. The broad read is not risk-off, but it…