es seems to have escaped gravity vs others

uphill battle to lower yields but financials ok

for example xlf is driving index components

had to add back another strat for verification though supplemental

seems like there is less conviction in all the indexes pulling lower

though the dollar cash and crypto are safeties not even bonds

taking this as a failure to break mid resistance

so going back to test support for buyers

vix has been primed since oct btw

seeing some renewed inflow after the dip and rout from friday

can only verify from aud/jpy carry confirming and vix damping down

incoming earnings like mag7 nvda are also coming in hot with anticipation

es was wobbly but has been confirming with aud/jpy

nvda is still running after the dip into earnings

indexes dipped after breaking resistance

kinda watching nvda, which did a dip, touch and go

this is on the smaller time frame into earnings

indexes tilted and would be sensitive to this

nvda might need another dip since the test was quick

not sure if this happens prior to earnings or after

would be ideal if support is secured earlier

fortunately, there was enough of a dip to establish upward bias in indexes

so nvda should be isolated and even then, post earnings seems steady

for spy is only 2% of holdings and some mag7 indexes around 10%

big thing is the mag7s were under esp goog

nvda did recover but the rest were kinda upset

large cap tech aside, the other indexes pulled up

aside from indexes and carries, crypto is also solid

what is not so sure is hardware ai, which nvda showed

this seems to affect related mag7 vested in similar tech