Aug. 19 at 2:38 PM
Interesting to me to see the two most recent #Technology sector weekly negative signals applied to the
$PLTR technology stock.
Each time when the http://vmbreakouts.com tech gauges turned negative the crowding into Palantir mega cap exploded above the positive technical channel into short term overbought conditions before selling off.
Investors keep moving to
$FNGU mega caps whenever the broad sectors turn negative driving a record skew into
$QQQ $SPY valuations relative to the broader market. Eventually the flows reverse and
$NVDA earnings next week is key: https://vmbreakouts.com/articles/largest-negative-momentum-signal-since-february-on-technology-breakdown/
