Market Pulse
Overall tone = constructive / risk-on, but not aggressive
SPX / SPX500US: Both slightly green → market holding up near highs
I WM : Flat → small caps not really leading (neutral signal)
RTY: Slightly red → confirms lack of strong small-cap participation
TRAN: Down → a minor divergence (not ideal for a strong trend)
Market is holding, but leadership is narrow (mega caps doing the heavy lifting).