The ES futures were higher by 7 on the day. Price tested the YTD highs but fell back sharply after setting the high water mark at noon EST.
The NQ futures were much weaker than the broad market. The NQ lost a fraction on the day making a new high over Monday’s range and bearishly closing near the LOD.
10-day Trin:
Total put/call ratio:
Multi sector daily chart:
The BKX was the best performing major sector on the day closing at a multi week high. The index remains above all the major moving averages.
The SOX is still trapped in the same range and below the key 50dma.
The BTK was little changed on the day and is now 9 days up on the seeker.
Oil:
Gold:
Silver: