Slow Op-Ex Action; Tech Relative Strength; Small Cap Relative Weakness; URA/REMX Impressive; MORE SIGNALS

The massive $5.3 trillion options expiration has the averages mostly in a holding pattern. Mega-cap strength is preventing losses at the index level as the broader market shows signs of weakness. We’re seeing that rotation back toward mega cap Tech today, while Semis and Small Caps pull back relatively sharply. We also have more “signals”…