Constructive overnight tape. Bias favors upside continuation unless the opening gap gets sold aggressively. Tech still steering the ship.
Main takeaway : equities are embracing the dip and volatility is being sold. Tech leadership remains intact. Lower oil helps the bull case. The AUD/JPY divergence is the only real yellow flag.
Trading Mindset
Bulls Want
NQ hold gains after open
VIX stays suppressed
QQQ leaders continue trend
Bears Need
Gap-up fade
Breadth weakens intraday
Semis/megacaps reverse lower