One small pull day on Monday and that’s about it, Bulls came back and took market higher. Sector rotation is in full force as we saw Tuesday,money went to technology names. Technology ETF QQQ finally got the rally memo and had a breakout day.
For active traders ,hard to find new entries when indices and stocks slowly grinding up. Quick trades here and there and we are done for the day. We have FOMC interest decision on Wednesday, even though everyone knows that they will raise interest rate, the news might give market an opportunity for some volatility.
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