Max, I think this is just a consolidation pattern that plays well with opex and the Fed meeting next week. Sideways to up into Tuesday next week. A 25BP cut and we'll be off to the races again into the July 4th holiday weekend, IMO.
We've also got end of quarter, end of month stuff coming up, and I'd be surprised if they give this rally away going into that.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.