*OVERNIGHT FUTURES*
*What this likely means for today:*
Market may finally be entering a needed digestion phase after a strong expansion run.
First thing to watch is whether leaders simply pull in orderly or start breaking key support with volume. Big difference between healthy rotation and actual distribution.
*If QQQ/NQ* reclaim overnight losses quickly after open, bulls stay firmly in control.
If oil continues squeezing higher while VIX expands, expect more pressure on speculative names and higher intraday volatility.