The U.S. stock market experienced a mixed session characterized by a distinct sector rotation. The Dow Jones stayed afloat while a sell-off in technology and semiconductor equities dragged down the S&P 500 and the Nasdaq.
Daily Moves:
The SPX opened below the CDL of 7,677, the levels below posted this morning were 7,657 and 7,640, both framing the price action for the day.
Daily plan for Aug 25th
The daily levels for the SPX, ES=F, and the zoom in to semiconductors covering MU, NVDA, AVGO, and AMD is here: