SPDR S&P 500 (SPY)

[Scripo]

Thought the move down was overdone even though my sentiment was bearish i grabbed the long side and we got the snap back. Now i think the move up was equally as overdone stretched however the move down caused damage. Im looking at ndx and the top weighted stocks in the group. What qqq and xlk track. Remember the etfs are discretionary product there suppose to track the index. The whole group isnt sick so i dont think its flash crash on deck or anything like that. But 6 out of 10 just had intermediate to long term MA crossovers to the bearish side. Bands are super tight on monthly and weekly im thinking something has to give.