The market has ripped over the last few days, pushing higher into full bull territory . Tech has led the way, surpassing new highs with a strong late push yesterday. #NVDA topped 260 off news of the #RXRX investment and with them taking the lead on the #ARM deal.
Tech's strong resurgence this year could be open for a bit of a bubble burst with just a small pin prick. The real test will come in the upcoming Fed meeting. A hawkish stance with rate hikes could cause a strong reversal, as key support points still seem a bit fragile.
All in all, it is best to stay nimble when trading, as we look for quick entry exit points until a strong pullback comes into view.