YM backs off as expected from 12764, now trading at 12745. ES is back below 1457.75, now resistance. NQ also lost weekly R1 at 1818.75. The internals are very bullish, so this could be temporary. But it is also option expiration week, so careful either way. VIX hitting all time lows zone is a big red flag for bulls. CBOE equity put to call ratio hit .55, but ISEE still pessimistic at 115.
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