Mega Caps & Semis Price Action Today Suggests They Don’t Have the Kind of 3CSupport Price Alone Depicts.
2:35 p.m. ETSPY (1m) doesn’t suggest that SPY is getting all that much support on the day. QQQ (1m) suggests the same. In fact this afternoon, money flow seems to be reversing off session highs. IWM (1m) has been thrust into a triangle consolidation right after it started showing a second round of post-election relative…