Let's talk about the trade no one wanted to talk about. Also, let's check bonds, utilities and those darn indicators.
Like or not, this is classic bear market action playing out.
Here are the price levels to watch on the yellow metal, how seasonality is supportive now, and why what happens this week will be critical.
While the Nasdaq has posted four consecutive winning sessions, the bottom fishing that has benefited the large tech names may be growing exhausted.
History indicates the Nasdaq 100's outperformance versus the small-cap Russell 2000 could continue for a bit, but the tech-heavy index is likely on a downward slope.
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