Bitcoin 
Ethereum 
Tether 
BNB 
XRP 
USDC 
Solana 
TRON 
Lido Staked Ether 
Figure Heloc 
S&P 500 and Nasdaq premarket push did hold this time, so it was time to join for a few short hours on the ES long side. If you look at the Nasdaq hourly chart, the picture is very different, and that‘s what breadth shows just as well.
💡 DMK Insight
The S&P 500 and Nasdaq’s premarket strength signals a potential short-term rally, but the Nasdaq’s hourly chart suggests underlying weakness. Traders should be cautious, as the breadth indicators reveal a divergence in momentum. While the S&P 500 may be benefiting from a few strong stocks, the Nasdaq’s broader performance indicates that many stocks are lagging. This could lead to a quick reversal if the major indices fail to maintain their upward momentum. Watch for key resistance levels on the Nasdaq; if it can’t break above recent highs, we might see a sell-off. Keep an eye on the ES futures for immediate trading opportunities, but be prepared for volatility as market sentiment shifts.
📮 Takeaway
Monitor the Nasdaq’s resistance levels closely; a failure to break through could trigger a sell-off, impacting both ES and broader market sentiment.
