SPY in consolidation mode after the nice run, relieving some short term overbought condition.
Despite the churning of indices, action in individual stocks remain smoking hot! Watch list names, TSLA, BLUE, JD,NVDA,RH.MZOR all gave some nice trading opportunities. We were also trading this EFX for both long and short for sweet gains. Action in individual stocks shows underlying strength in market. SPY can use a pull to retest breakout or few more days of churning but overall market still will look healthy.
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