Jul. 15 at 10:02 PM
Warning Signs! Correction spreads beyond AI
$RBRK$LLYNOT a great look for potential software leader
$RBRK today, putting in a very weak candle.Even more telling, heavyweight leader
$LLY officially lost its 20 EMA this week.
This is a clear sign that the distribution and technical weakness is now spreading far beyond the April AI leaders into other major sectors.Are we looking at a healthy rotation, or is a broader market pullback starting to unfold?