$DIA Dow Jones heading for a 3.5-month low close today.
$RSP Equal-weighted S&P 500 also eyeing a 3.5-month low.
$IWM Small caps near 4.5-month lows.
Broad weakness across the board. Not just mega-cap tech getting hitâthis is rotation pain turning into real distribution. When equal-weight and small caps both break support alongside the Dow, it's a risk-off signal. Watch for follow-through or a bounce attempt tomorrow. If we don't reclaim these levels fast, next support zones could be much lower. đ§
$RSP Equal-weighted S&P 500 also eyeing a 3.5-month low.
$IWM Small caps near 4.5-month lows.
Broad weakness across the board. Not just mega-cap tech getting hitâthis is rotation pain turning into real distribution. When equal-weight and small caps both break support alongside the Dow, it's a risk-off signal. Watch for follow-through or a bounce attempt tomorrow. If we don't reclaim these levels fast, next support zones could be much lower. đ§