Consolidating tight in this range. Scaling into positions here but waiting for a clean break to the upside. Movement will be dictated based on stimulus passing. Downside target is 272 if stimulus is not passed.
Economic data shows that banks are buying up bonds when demand falls short. There is record amounts of short interest in 30 year bonds. The FED won't raise the federal funds rate. Bonds will go higher in the short squeeze of the century.
Major support zone for big tech is at the 286 and 282 levels. Strong 618 fib levels and previous major resistance is here. ER coming up the next 2 weeks if market sentiment holds up I see a bounce at these levels.