SPDR S&P 500 ETF TRUST

Divergence continues

205
SPY closed up 0.73% yesterday.

It remembered Monday, so had to be up, especially on Corona vaccine positive spin.

Yesterday SPY kissed the back side of the broken support line.

Tech heavy QQQ ramped up 1.78% as vicious rotation continues.

ES futes are negative -12.25% as of now.

Banks keep trading very sluggishly.

More weakness in this group will pressure the markets down.

Mom squeeze continues to forecasts down/mixed markets.

First support is at 319.

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