ES holds gains while NQ is flat, Craig Shapiro notes

ES holds gains while NQ is flat, Craig Shapiro notes
ES gains while NQ flat, breadth mixed

Craig Shapiro reports that ES is maintaining fractional gains at 7,555.50, while NQ remains nearly unchanged at 29,306.50. This modest divergence suggests large-cap tech is not leading today’s market activity.

Market breadth is described as mediocre, with 64.4 percent of stocks trading above their 50-day moving average, an advance/decline ratio of 1.46, and a McClellan indicator cited for further context.

Craig Shapiro has previously reported a 10% plunge in the KOSPI and a 3% pre-market decline in Nasdaq futures. In a separate report, he described bear flag technical patterns across several Bitcoin timeframes. These earlier observations centered on significant moves in both equity and cryptocurrency markets.

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