As bad as yesterday felt, net new highs were slightly lower yesterday than the day before. We rotated out of AI/Chips into other areas. 

$SPX held 20EMA into close yesterday and today’s low. $QQQ trying to get back abv it.

Overall things still look healthy… for now. Strong names showed their hands yesterday.

Top tier: $AMZN $RDDT $RDW $RBRK $RELY $SMWB $TWLO $ONON $WIX $CCL $NOW $PLTR $SPOT $UNFI $VERX $Z

Second Tier: $ASAN $CAVA $SE $DOCS $DOCU $HOOD $APP $CART $CVNA $SHOP $TOST $ZM
#SPX #QQQ