I tend to share the view that the tech sector at SPX is pulling the whole S&P company's along with it in many ways.
Consideration of the whole SPX for a while loses its meaning, separation is necessary.
Let's group a few big horses together and see what's out there.
Okay:
NASDAQ:AAPL*NASDAQ:NVDA*NASDAQ:GOOGL*NASDAQ:MSFT*NASDAQ:META
could be more, but I think that would be quite telling.
Oh my God, Carl...
99.2%
The last time this overbought was in 2019.
And you think these guys will go even higher without a correction?
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.